Can I read SBI v. Saksaria Sugar Mills Case Summary on EtoBox?

SBI v. Saksaria Sugar Mills Case Summary by Anonymous LKrpR74bK is a document available to read on EtoBox.

What is SBI v. Saksaria Sugar Mills Case Summary about?

The document discusses a case related to a guarantee and the Sugar Undertakings (Taking over of Management) Act 1978. The plaintiff (SBI) had provided a cash credit facility to defendant no. 1, who deposited an immovable property as equitable mortgage. Defendants no. 2 to 5 were guarantors for repayment. When defendant no. 1 defaulted, SBI sued all defendants for recovery of Rs. 54,89,822.99. Meanwhile, the Central Government took control of the sugar undertaking of defendant no. 1 under the Act and appoint

Author

Anonymous LKrpR74bK

Language

EN