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TRAVEL KINGS (PVT.) LIMITED versus UNION BANK LIMITED


After the alleged payment of Section 9, 10, 15 and 21 Suite 94 accused to recover the debt of the defendants Rs 55,24,355, only Rs 3 lakh was left payable and three checks worth Rs 5 lakh each. Provision was also made to the respondents but since the bank did not comply with its promise, payment of two checks for two checks was withheld by the Banking Court dismissed the leave request, and the judgment against the defendants was not So the alleged settlement was made and no letter was presented by the bank so that it could appear as evidence that the defendants had allegedly disagreed. The default was for non-payment of funds, therefore, they cannot complain that the bank did not comply with the terms of the agreement / agreement, the defendants took advantage of the loan facilities and processed all the documents. Import has been admitted, on the grounds against which the lawsuit was filed against them, the entries in the statement of accounts were not denied. The defendants cannot make any legal identification. The High Court dismissed the appeal.

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