LAWS(ALL)-1997-2-2

U P FINANCIAL CORPORATION Vs. IDRLSH

Decided On February 28, 1997
U P FINANCIAL CORPORATION Appellant
V/S
IDRLSH Respondents

JUDGEMENT

(1.) HEARD counsel for the parties.

(2.) THIS F. A. F. O. is directed against the impugned award dated 20-11-1996 passed by the trial Court restraining respondent Nos. 1 & 2 from realising Rs. 6,31,818/-from the plaintiffs.

(3.) THE contention of the U. PF. C. (ap pellant) is that it has nothing to do with defendant Nos. 4 to 6, because there was no privity of contract between it and defendant Nos. 4 to 6 as the agreement for taking the loan was entered into between the plaintiffs and the U. PF. C.