The respondents had obtained a loan from Travancore Forward Bank Limited.
151 of 1962 the Court of Subordinate Judge, Kottayam.
As a result of the amalgamation, the assets and liabilities of the Travancore Forward Bank including the amounts borrowed from and remaining due to the said Bank on the date of amalgamation vested in the appellant.
It was decreed.
To recover the said debt, the appellant filed O.S. No.
The latter was a Banking Company within the meaning of the Banking Regulation Act, 1949.
The appellant took out execution wherein the respondents filed LA.
The question arises in execution proceedings.
P. Jeevan Reddy, J. This appeal raises the question whether the debt due to the appellant bank from the respondents is saved from extinction by virtue of any of the exceptions companytained in Clause 4 definition of debt in Section 2 of the Kerala Agriculturists Debt Relief Act, 1970.
