Asha luxury theatre
Indian bank loan harassment

On OA 796/o6 (DRT- Visakapatnam)

said

" the bank did not maintain the accounts properly

in the loan account and there is no explanation from

the bank so far as maintaining of the acount is concernred

and it is clear in all the bank cases and the account copy

will fasten the liability but in this case the account copy

itself is incorrect and people will believe the account copy

of the bank and this account copy seems to be totally

incorrect inview of the several pay slips filed

by the defendents which are marked

as EX B13 to EX B18 containing many books.

In these CIRCUMSTANCES THEACCOUNT COPY

CANNOT BE BELIVED AND THEREFORE THE OAhas to be

allowed only for the amount of Rs. 1128685/- with simple interest 6%pa.,

from the date of OA till realisation.

This recovery certificate is being issued

since it is public money and there is no document

to show how much amount acually due to the applicant bank.

The bank never proved the amount due.

It is the intial burden on the bank according to the

Evidence Act Sec 101 to 103 and the intial burden is not

discharged by the bank.

Therfore, the bank cannot base on the demerits

of the defendents case."

Actually loan paid 4lakhs excess as per Auditors report. idian bank harassing

Company: Asha luxury theatre
Country: India
State: Andhra Pradesh
City: Guntur

  <     >