Punjab National Bank v. Akhil Sharma

 
   

     






     

 !

""  #$ !%&% $'

"(



  ! "  "# $ $ )*

+(, +$%  $%&'(($)*+$%,! )$-

 *% % (%"$ ($& - ./0
$
$1$  , %'"1( $($( ( . .

"

( 2 $(3(  1$ 4$
+

% ($1 $%+5%$ 2+%$ 
$% 6(%$"( (  '"

($& -. 1

7$'+ ..

  89 &"$'
$ .'! &-&'/01203$340$-5'!!

3$3$'&6$)$3  /4!,  78     )0203$-  9, $  ($

( ('"

$ ,$"$ &-  (- ./0
$
+((% %,'% $1% ($& - 
$
 $%
$&, "

$ % (

(1' ($ :

 *%$ $%

,( $ $  ( 

$ ( 5 4$2+%,' $''%

 $1%"$$ 5%%  $'$ (

2 2("$(7%  + ,'

($& -.%++ "

2$%%($  %6 "$5%% $(%'"

 %''( 2 "$5%% $1(% + '2+% (+5%%6%  (%$( &(2+%$1% ,' $''

 "

("

$5%%$1% (5%%  $( ,+5%+ '

$$1% "$$

($&- %
$
"$ ,( $'% %$1%"$$

($&-  '

$$1% ( 1 

(   2 (  &' $2+ ,'    $'+  5% ,$    %   $    %  $'+ ( 2'% $1%"$$  *%$(2+$%$ % % $ ' %1%$%"$, -  5%  '

( 1  2  (  "$(    ( 2%,' +5%%;"$

  (  %  1   $"$ ,     ( ( ,'5% "$$  <%$ $2+  $($ 6 + %& +%$1%% $$ "$$ 

,%'"

 ("$$% 

+%1%$% 5%% , %$85,$+ 2 $2$% & $ '"

 "$$  5% '     ,'=  $1%    "$$    +  % !1"  , $'% 81%
$($&- ./0%
$
5( $ $25% % (( 2% $ ' $%"$,&- %
$
 4$%2+% $ '%  '((& - .$'$ %,'=$1%"$$

 % 5%$1 $( '"

 $%&  1 <%%$% (+% $ '%  $(%"$,&-  , 1 "$$$1%$%,' "$$ 

%1$('(%$ '"

$(

'"

  4%2+%,,'%& $"

($& -.%"

2

*%  %'"

(($ % "$,% $ "$, '"

  "$& %
$
 (& -%

2 ;"$$"$ %"$,%
$
%'

$$ % ('( $( $' *%$$+%'"

 + 5%%,' (%$%6' $( ,'$'%"$,& - $ ( 5%%(,'($& /5 0%
$
> -  4$%$+  ""21  %  ($    "$",  ,$$1+ 89 &"$'
$ 0)&4/:)$/&:;&5&31&3/&--0<&34&5'!$%

- =12$)):)$03 )0203$->>&$-:!
8
? ;
8+0/( )0203$- >>&$-:!:;
*&40*&*:3
!!7, 5% $21% 

(1'% 

$$",2+% %( ($ :?

*%( $   ( 15%  , $1%+ 2%1 $+($( "$",     ;"$2  $  2   $2  '"   '

(    % , $$","$ *%1 '

;'@ , 
 4$4$'

7'"$ + $ $@( 1 %  5 51%$1 5% 5 (% "

+ $$5% "$'""$",2 (% "$'"1$ 2 ("$ %$ $2 %5  2    ;"$  "$,    %     $    % $$",2    %$5  ($   %$1%   $2 '"   *%       %     5(  % ,  % 6 1,($1%+'"5 $($ '"

$  ;1   1   85,$+  5%   ( $($1 " $1 $(%$"$  "

"$, 62,$$( 2%( $1$

%+%6%,$$1 $!2($

( 2( +$$",(0'0'@&4$1'&0/0''&//-&*-$+ /($//(&-$+*&4-$)&*@A/(0' :1)/0')&/):'>&4/05&$3*0'

3:)2$--A$''12&*/:@&/(&-$+;):2/(&034&>/0:3 ?*%"$  52 ( $$' (  5%  %      (1'   %1*<2&3/  :) *&40'0:3  +(04(  03/&)>)&/'  $  '/$/1/&  :)  >):50'0:3  /(&)&:; *&4-$)&'/(&2&$303<:;/(&'/$/1/&$'0/'(:1-*@&4:3'/)1&* ;):2  /(&  *$/&  :;  0/'  &3$4/2&3/!  3  :/(&)  +:)*',  /(& %1*<2&3/*&4-$)&'+($//(&-&<0'-$/1)&($*'$0*$//(&/02& +(&3  /(&  -$+  +$'  >):21-<$/&*  $3*  /(&)&;:)&,  0/  ($' )&/):'>&4/05&&;;&4/!<%$ $2+% $%$ 5%%"$'( "$",;"$2'

( $$",A% 5$'% '+%  ($



(1' 1 "$" 5



 $$",% 1"(2 $($ $'5% %  (%' 1%

55%%;($'%"%$(  $"$,A% % ( $( % 5% ( ' %(% 2 % 5% (*%  '$'%$  % %(2% $@"$ 5 5 '

  ( ;"(%(@/'"%  (((0  *%$$+,5% (1'$($( 2%89 &"$' 
$    &-&'/012  03$340$- /"$ 0  ( 0)&4/:)$/&  :;

&5&31&3/&--0<&34&/"$ 0+ $(&3(1$(($( $ %"$ , (($&- 
$
 ($% '% ""$"$ 
$$("  '$  1$2($((%'""

"$ ! (% $$(%  $(&3(1$($%5% 

"(+ $(12(1 + 2+   (("(  "#


!
!7  

% $' A%%$&" !1B (  CB  A%%$"$

 CB