JUDGEMENT
-
(1.) Leave granted.
(2.) We are, in this case, concerned with the applicability of Order
2 Rule 2 of the Code of Civil Procedure (for short "the CPC") in
respect of two suits filed by the respondent, one in the Original side
of the Delhi High Court and another before the District Court, Delhi.
Original Suit No.1145 of 2003 was filed by the respondent herein on
15.05.2003 for recovery of an amount of Rs.44,30,994 against the
appellant bank and its officers towards the amount of Letter of Credit
issued by Credit Du Nord, Paris (CDN) and towards interest for the
delay in receipt of payment from BNP Paribas S.A., Ivry-Sur-Scine
(BNP) with cost pendente lite and future interest @ 18% per annum.
(3.) Suit No.288/03/04 of 2003 was also filed by the respondent on
21.05.2003 claiming damages of Rs.3,09,000/- with cost and pendente
lite and future interest @ 18% per annum against bank and its officers
for withdrawing credit facility on 23.03.2002. Notice was issued to
the bank and its officers by the District Court, Delhi.;
Click here to view full judgement.
Copyright © Regent Computronics Pvt.Ltd.