From the Judgment and Order dated the 15th February, 1976 of the High Court of Rajasthan at Jodhpur in S. B. Civil Revision No.
The Judgment of the Court was delivered by CHANDRACHUD, C.J. The appellant, the Bank of Baroda, agreed through its Banswara Branch to sanction a demand loan facility in the sum of Rs.36,000 in favour of respondent l. In companysideration thereof, respondent I executed a demand promissory numbere in favour of the Bank on June 18, 1973.
He also executed a bond hypothecating the standing Crop of his lands situated at Khandu and Surjipada in Rajasthan Respondents 2 and 3 are the guarantors for the repayment of the loan.
CIVIL APPELLATE JURISDICTION Civil Appeal No.
Dalveer Bhandari for the Respondents.
That objection was overruled by the learned District Judge but, in a civil revision application filed by the respondents, the High Court upheld it.
In order to further secure the repayment of the loan, respondent 1 executed a deed of simple mortgage in favour of the Bank, ill respect of the lands at Khandu and Surjipada.
The respondents having failed to repay the loan, the appellant filed against them a suit in the companyrt of the learned District Judge, Banswara, for recovering a sum of Rs.
1321 of 1980.
52,000 and odd which was due on the loan transaction.
G. Gokhale and Mr. B. R. Agarwala for the Appellant.
320 of 1978.
