(O&M) M/S Amber Woolen Mills etc. v. Syndicate Bank etc.
Case brief
What is this about?
The High Court of Punjab and Haryana dismissed an appeal against a decree for bank loan recovery filed by Syndicate Bank. The court held that the dispute centered on the handing over of title deeds by way of equitable mortgage, which was a factual finding by courts below. Since no substantial question of law was framed or argued, the appeal was unsustainable despite the long pendency of 22 years.
What did the court decide?
Appeal against the decree granting recovery of loan amount was dismissed.