Bank of bihar vs damodar prasad 1969 air 297
WebBANK OF BIHAR LIMITED Vs. DAMODAR PRASAD - SUPREME COURT OF INDIA - August 08, 1968. BANK OF BIHAR LIMITED Vs. DAMODAR PRASAD. LAWS(SC) … WebIn the case of Bank of Bihar v. Dr. Damodar Prasad, AIR 1969 SC 297, the injunction upon the creditor not to proceed against the surety until the creditor has exhausted his …
Bank of bihar vs damodar prasad 1969 air 297
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WebDec 22, 2024 · The principle of co extensiveness was further enforced in the following cases of Bank of Bihar Ltd v. Damodar Prasad and Another (1968) wherein the Supreme … WebJun 29, 2024 · Way Back in the year 1968 in the case of Bank of Bihar Ltd. v. Damodar Prasad & Anr., : 1968 (SLT Soft) 304 : 1969 (1) SCR 62 the Hon'ble Supreme Court was called upon to decided as to whether a guarantor could ask for postponement of recoveries from him till remedies stood exhausted against the principal borrower and the Court dealt …
WebJan 1, 2024 · Bank of Bihar Ltd. Vs. Damodar Prasad & Anr. Appeal No.: Civil Appeal No. 1109 of 1965: Date of Judgment: 08-Aug-68: Court: Supreme Court of India: Act: Indian … WebState Of Bihar Vs Damodar Prasad , 1969 AIR(SC) 0 297 - Referred By. State Bank Of India Vs Indexport Registered , 1992 AIR(SC) 0 1740 - Referred By. Advocates Appeared : Soumitra Banerjee, Uddalak Bhattacharjee . JUDGMENT P.K. Deb, J. 1. THIS writ petition has been filed, challenging the order dated 02.11.2006 passed by the Assistant Registrar ...
WebSurety has no right to dictate terms to the creditor & ask him to pursue his remedies against the principal in the first instance-Bank of Bihar Ltd. Vs. Damodar Prasad & Anr. … WebApr 8, 2016 · PETITIONER: BANK OF BIHAR LTD. Vs. RESPONDENT: DAMODAR PRASAD & ANR. DATE OF JUDGMENT: 08/08/1968 BENCH: BACHAWAT, R.S. … 3. Communication, acceptance and revocation of proposals.—The … 140. Rights of surety on payment or performance.—Where a guaranteed …
Web2. The guarantee bond in favour of the plaintiff bank is dated June 15, 1951. The surety agreed to pay and satisfy the liabilities of the principal debtor up to Rs 12,000 and …
WebRULE: It is the duty of the surety to pay the decretal amount. On such payment he will be subrogated to the rights of the creditor under s. 140 of the Indian Contract Act and he … how to set up internetWebThe plaintiff Bank lent moneys to defendant No. 1 Damodar Prasad on the guarantee of defendant No. 2 Paras Nath Sinha. On the date of the suit Damodar Prasad was … how to set up internet essentialsWebBANK OF BIHAR LTD. VS DAMODAR PRASAD, AIR. 1969 S.C. 297 CITATION: AIR. 1969 S.C. 297 BENCH: R.S. Bachawat J. S.M, Skin 1, KS. Hegde 1. COURT: Supreme Court of India YEAR OF JUDGEMENT: 1968 RULE APPLIED: S128 Indian Contract Act: 18721 FACTS: Under its cavil appeal jurisdiction against the decree and judgment of … how to set up internet faxWeb11. In Bank of Bihar Ltd. v. Damodar Prasad 1969...1 SCR 620 the facts were that the plaintiff-Bank lent money to Damodar Prasad, defendant 1, on the guarantee of Paras Nath Sinha, defendant 2. On the date of the suit Damodar Prasad was indebted...got no basis. nothing fancy furniture digby nova scotiaWebUNION BANK OF INDIA Vs MANKU NARAYANA , 1987 AIR(SC) 1078 - Referred By. STATE BANK OF INDIA Vs INDEXPORT REGISTERED , 1992 AIR(SC) 1740 - Referred By. state of Bihar Vs Damodar Prasad , 1969 AIR(SC) 297 - Referred By. S. PARVATHA RAO, J. ( 1 ) THE petitioner questions the ... nothing fancy furniture bridgewater nsWebHon'ble Supreme Court in the case of Bank of Bihar Ltd. v. Dr. Damodar Prasad reported in AIR 1969 SC 297, observed as under in para 6 of the judgment: "A guarantee is a collateral security usually taken by a banker. The security will become useless if his rights against the surety can be so easily cut down. nothing fancy furniture digby nsWebBank Of Bihar Ltd vs Damodar Prasad & Anr on 8 August, 1968 Equivalent citations: 1969 AIR 297, 1969 SCR (1) 620 Bench: Bachawat, R.S. PETITIONER: BANK OF BIHAR LTD. Vs. RESPONDENT: DAMODAR PRASAD & ANR. DATE OF JUDGMENT: 08/08/1968 FACTS The appellant-creditor lent moneys to the first respondent on the guarantee of … nothing fancy furniture lower sackville ns