Allowed
Citicorp Finance (India) Ltd. v. Vikram Janak Mantri and Nitika Vikram Mantri
Bombay HCNMS/2045/2012
Case brief
AI extract
What is this about?
Respondents undertook to pay dues and installments under a Loan-cum-Hypothecation Agreement and agreed not to dispose of the hypothecated vehicle. The previous order was set aside.
What did the court decide?
Respondents undertook to pay Rs.2,40,000/- within two weeks, future installments per agreement, and not to dispose of the vehicle without Court leave. Previous order of 12/12/2011 set aside.