JUDGEMENT
PARAMJEET SINGH,J -
(1.) RSA No. 2038 of 2014 titled Surinder Singh v. Haryana Financial Corporation and others and RSA No. 2039 of 2014 titled Devi
Ram v. Haryana Financial Corporation and others arise from common
impugned judgment and decree dated 13.12.2013 passed by the Appellate
Court, therefore, both the second appeals are being disposed of by this
common judgment. For convenience sake, facts are being taken from RSA
No. 2038 of 2014 and reference to parties is being made as per their status
in the civil suit i.e. appellant as plaintiff and respondents as defendants.
(2.) THIS regular second appeal is directed against the judgment and decree dated 13.12.2013 passed by the learned District Judge, Jind,
whereby, the appeal filed by the respondents/defendants against the
judgment and decree dated 17.05.2012 passed by the learned Civil Judge
(Sr. Division), Jind has been allowed and judgment and decree dated
17.05.2012 decreeing the suit of plaintiff has been set aside and suit of plaintiff has been dismissed.
The detailed facts of the case are already recapitulated in the judgments of the Courts below and are not required to be reproduced. The
brief facts relevant for decision of this second appeal are that the plaintiff
along with four others namely Rajinder Bhardwaj, Manoj Kumar, Baru Ram
and Surender Singh formed partnership firm under the name and style of
M/s Luxmi Tube Products on 18.09.1991 and raised a loan of Rs.43.60 lacs
from defendant No.1 for establishing the industry. Out of the said amount,
only a sum of Rs.40.21 lacs was disbursed as per security documents dated
23.11.1992. Thereafter, the firm was dissolved on 17.02.1994. On the same date, said Manoj Kumar reconstituted the firm with same name and the
remaining partners of the firm and Jai Gopal Sharma, Ravinder Kumar and
Manoj Kumar son of Ram Bilas Sharma also joined the firm on the said
date. The said change of management was got incorporated in the office of
Registrar and defendant No.1 accepted the same and also recorded the same
in its records. Thereafter, plaintiff had no concern with the firm. It was
pleaded that plaintiff and other partners who had retired had no liability
to pay the loan amount of Rs.10 lacs sanctioned on 26.05.1995. Otherwise
also after expiry of period of 12 years suit for recovery was barred by
limitation. Hence the plaintiff filed suit for permanent injunction restraining
the defendants from arresting or detaining the plaintiff for recovery of any
amount shown to be outstanding against M/s Luxmi Tube Products,
Bhiwani and from effecting any recovery from him as a land revenue.
(3.) UPON notice, the defendants put in appearance and filed written statement by taking preliminary objections with regard to the
maintainability of the suit, concealment of true facts and cause of action as
well as jurisdiction etc.;
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