LAWS(APH)-2000-11-31

BANK OF INDIA Vs. V SWAROOP REDDY

Decided On November 23, 2000
BANK OF INDIA Appellant
V/S
V.SWAROOP REDDY Respondents

JUDGEMENT

(1.) The defendant in the suit, viz. Bank of India represented by its Zonal Manager is the appellant in the present appeal whereas the plaintiff in the suit is the Cross-Objector.

(2.) The appeal and the Cross Objections are preferred against the judgment and decree dated 2/09/1996 passed by the learned First Additional Judge, City Civil Courts, Hyderabad in O.S. No. 1548 of 1993.

(3.) The appeal has been filed to set aside the impugned judgment and decree of the Court below by which the suit of the plaintiff was decreed in a sum of Rs. 39,461.10 paise with 24% interest per annum on Rs. 22,942.50 paise from the date of institution of the suit till realisation with proportionate costs.