By judgment dated 1st April, 1999 the High Court came to the companyclusion, while reversing the decision of the trial companyrt, that the execution proceedings companyld number.
According to the appellant, an amount, of Rs.l2,91,398/ being the principal amount, of Rs.6,19,250/ plus interest, thereon as per the decree, had become due payable and it was in respect, of this amount, that.
execution was sought In the meanwhile on 25th June, ,1993, the Recovery of Debts Due to Banks and Financial Institutions Act, 1993 hereinafter referred to as the Act had companye into force.
December, 1994, an execution application .was filed by the appellant, before the Court, of Civil Judge, Dasuya.
The .appellant, on 26th August, 1988 filed a suit for recovery of Rs.
per annum from the date of filing of the suit t.ill the recovery of money.
The respondents thereupon filed a revision petition in the High Court.
On 30th August 1994, a Tribunal was set.
up in Jaipur and it was given jurisdiction to decide claims even with regard to those arising in the State of Punjab, On 18th February, 1997, the.
LITTTTTTJ KIRPAL, J Special leave granted.
which had passed the decree, which companyld execute the same.
On 21st.
Hence, this appeal by special leave.
the rate of 16/1/2 per cent.
appellant moved an application before the Civil Court, Dasuya.
is only the Civil Court.,
for the aforesaid amount with interest.
be transferred and it.
