Palus Sahakari Bank Ltd., Palus, through Asst. Manager v. Ayyaj Mansur Mujawar and Ors.
Case brief
What is this about?
Bank challenged appellate orders exonerating principal borrowers in loan-recovery disputes where pledged perishable goods were with a respondent firm. Following its earlier judgment in a connected writ petition, the High Court dismissed all writ petitions, leaving recovery against respondent nos. 2 to 6 open.
What did the court decide?
None granted; bank at liberty to recover loan from respondent nos. 2 to 6 as permissible in law.