Punjab National Bank v. M/S Chhange Mal Daya Nand Etc.





    
     






 " #$$$

%& !!

!'(!

) **''!

+& ,--!

.!!' !/!!

"!

" 
* "

 






 " #$$$

%& !!

!'(!

) **''!

+& ,--!

.!!' !/!!

"!

" 
* "

     

   0- -* '!' 1*!*2!/!''1"  &".2

3  4" *  3 5 0- - -&".2

-&'"*

- . 3 %

# 
(-!

!6"7!

 -!**''!

 8  -!**!' -)9&2!:

"!'6"7!

  * "

5 8  -!**!' ;;;;

 
 

4-!**''!

!

) !.. 7" - &



. ! 6  1-/  &

 '!

.  7/   
< 6$$$,  *'& 



$5$,5 *!

*'&(!

)-!.
 , !'
 <6

,5 ,*!

 !&

!2&

!"7!

"  -"

56-!

"/ - -& '1 
(-!

!6'! "& '!**!

. -!'(!

) &2

"

5 !/!!

"1!!/

.& -&

 22  !. /

".!

!

"!. &'

&!'22"

 

!

"5*

!

) $ $<< 
!

!

.

<$5 6  <$5<6  <$5  "!

"  $$<< 6  $5$<< 6  $ $<< *

7'/!' .1

-=& !

.

6

5!

"

"!1 

!2'/: -!!

"!

-

-1 "

 1! -"!1 .

2



$!.6

 6"

1!  .

!1''! .

&-!

4-*'!



.

 ! "*&-!-!"! &!''/ !) -&

*&-! -." 

7!'&!' "!

'' -

1 ""/"



!7&"

6 -6"

 " !2

!7& -*'!

4-*'!

'!

. -!2&



-=& !

"

 !"&!

 ''

/*

. -!2

 -"

& -!21 & "1

-2!) *!/2

1!  -2

.>.!'

  -"

6

- .!"61! 

& -

!2& "'

7"8

- &2 6 -&

1! '"( - -& '1-!7 .

" -!2

"! !

& !

1!)!

"6 -6 -!

)&'"

5 -!7*&-!" - ."!

-&!

7 !2&

4-*&'

2 /-! ?&!

""!

-& !

-&

- / -)9&2!:

"!'6'! "& '!**!

. -!'   * "

     5  &2

    &

 

.  !

 

"  &

'  !

"  & '  &

!'  ?&

   '!1  !    " 2

  -!

-! ."6!

)-!" !& !

)7/ -!2&

 =!'*"

 - -& '1 -!71 .'/!

" &'/"" -&

?&!"

 58

1!!

'1!/1--! - & -2 /!

"

!

"5 8-!7-!"'! "& ' -*!

!

"!**!

" *!*)!

" -7 1 - & 

-!**!' ! "&

.7 " 6

-!2 " !

-!7 & "!)  -!

-!7 & "!)6

 !

 '!

2  !2&

 !

"  7/  2  "

   =176&

7 !7 "

!

"5-!"!'!"/ ""

!.!

-2 9*

.

7 1 -!2

"7!

68!2 1 - & 

-!**!''!

. -"!.!

"

.'/6&".2

!

""?&!"

5!! 2"!

"?&!"

"

" **!'!"

"! &

!'?&

'!1!  " 2

 4- & 

-

 -!

  *

 -=&  -"

6-&" 2!) *!/2

! -"

5-!".

7 -& !

" "

  -!  !* "  -  -& 6  -  2 / 1- -  1!   7"  /

1!'

!' & ""  -!

)8 -!

=& 1."

 '/ -!

1- - & !) @7 -*- */ -!2-! *"&" " 9*

. 

 7 1  -  !2

"  7!

6   

!"

" !!""! #