B.Ajitha, v. Kerala State Financial Enterprises Limited
Case brief
What is this about?
Petitioner, a guarantor in a chitty default case, challenged recovery proceedings. Court disposed petition, directing recovery only if principal debtor misses installment payments under a prior judgment.
What did the court decide?
Petitioner discharged; KSFEL directed to proceed only if subscriber fails to pay per Ext.P2 judgment.