LAWS(MAD)-1999-7-92

BINNY LIMITED Vs. INDIAN OVERSEAS BANK

Decided On July 19, 1999
BINNY LIMITED Appellant
V/S
INDIAN OVERSEAS BANK Respondents

JUDGEMENT

(1.) SIXTH defendant in O.S. 9703 of 1981 on the file of II Additional City Civil Court, Madras is the appellant.

(2.) PARTIES herein will be referred to according to their rank in the suit.

(3.) DEFENDANTS 2 and 3 have filed written statement admitting the transaction and they further contended that in view of the power of attorney, there is equitable assignment and therefore they cannot be made personally liable for the amount due to plaintiff.