← Library
High Court of Punjab and HaryanaCWP/1327/2015disposed of

Sastish Babu Gupta v. Union Bank Of India And ORS

2017-05-24Mr. Justice Arvind Singh Sangwan8 pages

 



       

!"#$#%&'&()*  +!"&',!-../"!

#"&"&(#0 '

1#0'.'

(&(!(2($&!!($",#0'

 #'/($#(" '

)  34  + 5 4+ 0#'#(")6 0.07#',77!08!9:$;%!"#:0",#/#"&"&(#0 0+!.0!-,,!0$8!<:$;%!"#:00#'/($#("'  ,#",#0",# #/0"#0'9%!9(#8'/!/#0=!>-#!998#$" '##",#<.$7=#("?

 -#0##00#$"",# #/0"#00("  ,#",#0",#<.$7=#("',.9$-#0#/0"#$&(",#$&7#'"? 66 66 4+

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

66 $!"#$BCC !($",!"",#'#%($/"&(#0#$(*&'(" !;!&9!-9#",&='&(%#,#8!'%=/.9'0&9>0#"&0#$0='#0;&%# #7!0$&(7 9#!;##(%!',=#(":&"&''"!"#$",!"!'/#0",# (&(!(2($&!

&%#0'

+#0;&%# #7.9!"&(':CC &(',0"3 #7.9!"&('CC3 :(!%%.(" "#0=&(!"&(:  ",#  9#!;#  #(%!',=#("  &'  ("  "  -#  /!&$  "  ",#  /#"&"&(#0

#7!0$&(7#!", #9&# .($ &(',0"3

3 :&"8!''"!"#$",!"'&(%#",# /#"&"&(#08!'%=/.9'0&9>0#"&0#$0='#0;&%#:,#&'("#("&"9#$"",# 

(",#00$#0$!"#$B ((#A.0#66 "",#'!=###%"

8!'!9'/!''#$&(0#'/('#"#6=!&9",#/#"&"&(#0(",#/0#'#("%!'#: ",#/#"&"&(#0,!'%,!99#(7#$",#'!&$0$#0'$!"#$: :  !($B ((#A.0#'66B:6:6!($60#'/#%"&;#9>  ,#/#"&"&(#0.9"&=!"#9>/0!>#$",!"!"#0@.!',&(7",#'#0$#0' 9#""#0':,# ',.9$  -# !998#$ 70!".&">:9#!;##(%!',=#(":/#('&( !($ 

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

!//9&%!-9#"",# (&(!(2($&!:",#"#0=&(!"&('#0;&%#'0!(>

66 0#!'(8,!"'#;#08.9$$&'6#("&"9#",#&%#0"",#-#(#&"'/0&;&9#7#$ 9#!;#("#A%##$&(7*$!>'"8!'.0",#0'"!"#$",!"",#/#"&"&(#0&'(" #("&"9#$"

:!'/#0 9!.'#* # ",##!", #9&# .($+%,#=# ,!;#,#!0$",#9#!0(#$%.('#9'0-",",#/!0"&#'!($,!;# !9'%!0#.99>7(#",0.7,",#&9# (",#/0#'#("80&"/#"&"&(:",#/#"&"&(#0%9!&=' & 70!".&">E && /#('&(E &&& 9#!;##(%!',=#("E!($ &; 



&0'"!99:8&99"!2#",#%!'#

 9!.'#* # ",#

+%,#=#9!>'$8(!'.($#0)6 F* # ( ",# #;#("  ! =#=-#0 %#!'&(7  " -# &( ",# '#0;&%#",#!(2(!%%.("0#"&0#=#("('./#0!((.!"&(: !=.(" ' : 6(9>8&99-#/!&$."."",#.($" '.%,=#=-#0;#('"!=#=-#0'8,=!>0#"&0#;9.("!0&9> 0=",#'#0;&%#'",#!(28&99-##9&7&-9#0",&'#A670!"&! +"!  =#=-#0'  8,  0#'&7( %=/.9'0&9>  0#"&0#$ $&'=&''#$

"#0=&(!"#$0=",#'#0;&%#",#!(2->8!>$&'%&/9&(!0> !%"&(8&99("-##("&"9#$" #A670!"&!!($",#%("0&-."&( =!$#  ->  ",#=  "8!0$'  ",#  .($  8&99  ("  -#  0#.($#$

((#A.0#61 G ,#  '!&$  %9!.'#  =!2#'  &"  %9#!0  ",!"  &(  %!'#    %=/.9'0> 0#"&0#=#(":",#-#(#&"

&'("70!("#$,#0#0#:",#/#"&"&(#0&'(" #("&"9#$"

 8  %=&(7  "  ",#  %!'#    ",#  /#"&"&(#0  0  /#('&(:  ",# /#"&"&(#0  8!'  !$=&""#$9>=#=-#0  ",# /0;&$#("  .($  '%,#=# ,# 9#!0(#$%.('#90",#/#"&"&(#0%9!&='",!"!"#0%=/.9'0>0#"&0#=#(" ",#/#"&"&(#0(:0#',/"&('8#0#&(;&"#$"/"0",#/#('&( '%,#=#:;&$#9#""#0$!"#$D ((#A.0#66B ,#'!&$/"&(8!'

"-##A#0%&'#$8&",&(B$!>',#9#!0(#$%.('#90",#/#"&"&(#0'"!"#'

6*6 ",!"",# /#"&"&(#0,!$#A#0%&'#$",#'!&$/"&(!($",!"",#'!=#8!' &=/0/#09>("!%%#$#$" !=",#;&#8",!"",#/#"&"&(#0,!'("/9!%#$(&9#",# %/>",#/"&(',8&(7",#$!"#(8,&%,,##A#0%&'#$",#'!=#:(0,# ,!'%,!99#(7#$",#!%"0#'/($#("&($#%9&(&(7",#'!&$/"&(!($",# 70.($'(8,&%,&"8!'$#%9&(#$0#9&#&''.7,""'#"!'&$#",#!%"&( 0#'/($#("&($#%9&(&(7",#'!&$/"&( (9#''",#/#"&"&(#0&'!998#$ "  #A#0%&'#  '!&$  /"&(:  ,#  %!(("  -#%=#  #("&"9#  "  %9!&=  /#('&( 8#;#0:",#/#('&('%,#=# ((#A.0#66B ',8'!'"8,&%,",# 0#"&0##':(0!"#0*%!(#A#0%&'#",#/"&( 9!.'#",#'!&$ #('&(+%,#=#9!>'$8(!'.($#0)6 F "#9&7&-9#0/#('&(/"&() ($&!(!(2'3''%&!"&(,!'%9!0&&#$",!" &%#0'8,0#"&0#$ ;9.("!0&9>  &(  "#0='    #7.9!"&(  C    &%#0'3  +#0;&%#

#7.9!"&('!($=/9>##' &%#0'8,0#'&7(#$:$&'=&''#$:

"#0=&(!"#$!($%=/.9'0&9>0#"&0#$:!0#("#9&7&-9#0/#('&( /"&(G ,#%9!.'#&"'#9=!2#'&"%9#!0",!"",##=/9>##:8,,!' 0#'&7(#$:$&'=&''#$:"#0=&(!"#$!($%=/.9'0&9>0#"&0#$:&'("#9&7&-9#0 ",#'!&$/#('&('%,#=##&",#0",#'!&$%9!.'#",#/#('&('%,#=#,!' -##(%,!99#(7#$-#0#",&' .0":(0",#!%"&(0#'/($#("&(0#.'&(7" !%%#/"",#/"&(,!'-##(%,!99#(7#$ ,#0#0#:",# /#"&"&(#0&'(" #("&"9#$"0#9&#/#('&(&(",&'%!'# 8:%=&(7"",#70!".&">:",#70!".&">",#/#"&"&(#0,!' -##( 0#&"#$ ( ",#70.($ ",!" &" &'/0;#$ ",!" ",#/#"&"&(#0,!$ '!(%"&(#$  9!('8&",."!$,#0&(7"",#'%!9#&(!(%#!($ -008#0'8#0#!%%==$!"#$!($,&7,#0%0#$&"9&=&"'8#0#'!(%"&(#$"

",#= ",#&0!=&9>=#=-#0'&(0$#0"!$<.'"",#/0#;&.'&00#7.9!09!('

.0",#0:&"8!''"!"#$",!"",#0#8!'!$&#0#(%# ' : 60#7!0$&(7 ;!0&.'"0!('!%"&(',#/.(&',=#("0$#0$!"#$ ((#A.0#66* ',8'",!"",#!99#7!"&('/0;#$8#0#",!",!$",#-008#0("-0.7," &00#7.9!0&"&#'  "  ",#  -0!(%,:  ",#  /#"&"&(#0  8.9$  ,!;#  #=-#HH9#$  '  : 6"7#'"',8",!"",#/#"&"&(#0,!$("!%".!99>#=-#HH9#$",# !=.("!($",!"",#0#8!'/''&-&9&">",!"",#8.9$,!;##=-#HH9#$",# !=.(",#70.($':(8,&%,",#70!".&">%!(-#0#&"#$:!0#9!&$$8( .($#0+#%"&(* B ",#!>=#("0!".&">%":C:!($.0",#0.($#0

#7.9!"&(*B",# #7.9!"&('CC +#%"&(  * B    ",#  !>=#("    0!".&">  %":  C:  &' 0#/0$.%#$!'.($#0)6 F+#%"&(* "8&",'"!($&(7!(>",&(7%("!&(#$&('.-6'#%"&( & 6

!

",#70!".&">!(#=/9>##:8,'#'#0;&%#',!;#-##( "#0=&(!"#$0!(>!%":8&99.9=&''&(0(#79&7#(%# %!.'&(7!(>$!=!7#09''":0$#'"0.%"&(:/0/#0"> -#9(7&(7"",##=/9>#0:',!99-#0#&"#$"",##A"#(" ",#$!=!7#09'''%!.'#

- ",#70!".&">/!>!-9#"!(#=/9>## =!>-#8,99>0 /!0"&!99>0#&"#$

& &  ",#  '#0;&%#'    '.%,  #=/9>##  ,!;#  -##( "#0=&(!"#$0,&'0&".'0$&'0$#09>%($.%" 0!(>",#0!%";&9#(%#(,&'/!0"E0

&& &  ",#  '#0;&%#'    '.%,  #=/9>##  ,!;#  -##( "#0=&(!"#$  0  !(> !%"  8,&%,  %('"&"."#'  !( #(%#  &(;9;&(7  =0!9  ".0/&".$#  /0;&$#$ ",!"'.%,#(%#&'%==&""#$->,&=&(",# %.0'#,&'#=/9>=#("G ,#/#0.'!9",#'!&$'#%"&(',8'",!"",#70!".&">%!(-#

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

&& ",#!>=#("0!".&">%":C:&'!9'("'!"&'&#$ 8:%=&(7" #7.9!"&(*B",# #7.9!"&('CC:",# '!=#&'0#/0$.%#$!'.($#0)6 #7.9!"&(*BI0!".&">  ;#0>&%#0:',!99-##9&7&-9#070!".&">() !

#"&0#=#("

- #!", % &'!-9#=#("0#($#0&(7,&=.(&"0.0",#0'#0;&%# !'%#0"&&#$->!=#$&%!9&%#0!//0;#$->",# -!(2E   $ 0#'&7(!"&(!"#0%=/9#"&(7"#(>#!0'%("&(..' '#0;&%#E0 # "#0=&(!"&('#0;&%#&(!(>",#08!>#A%#/"-> 8!>/.(&',=#("!"#0%=/9#"&(>#!0' '#0;&%#  ,#!=.("70!".&">/!>!-9#"!(&%#0',!99-#(#

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

0#/0$.%#$!'.($#0)6 FD 4!/'#9#!;#) +!;#!'/0;&$#$-#98:!999#!;#"",#%0#$&"!(

&%#0  ',!99  9!/'#  (  0#'&7(!"&(:  0#"&0#=#(":  $#!",: $&'%,!07#:$&'=&''!90"#0=&(!"&() 0;&$#$",!"8,#0#!( &%#00#"&0#'0=",#!(23'

'#0;&%#:,#',!99-##9&7&-9#"-#/!&$!'.=#@.&;!9#("" ",##=9.=#("'!(>/#0&$:("#A%##$&(7*$!>' 0&;&9#7#4#!;#,#,!$!%%.=.9!"#$) 0;&$#$:.0",#0",!" 8,#0#!( &%#0$&#' 8,&9#&( '#0;&%#:",#0#',!99-#/!>!-9#",&'9#7!90#/0#'#("!"&;#': !'.=#@.&;!9#(""",##=9.=#("'0",#/#0&$:(" #A%##$&(7*$!>'0&;&9#7#4#!;#",&'%0#$&"!'( ",#$!"#$#!", 0;&$#$!9'",!"8,#0#!(&%#09#!;#'0$&'%("&(.#' ,&''#0;&%#'->0#'&7(!"&((0!"#0'"/0&9:

6D6 !"#0  7&;&(7  $.#  ("&%#  .($#0  '.-60#7.9!"&(    

#7.9!"&(:,#=!>-#/!&$!'.=#@.&;!9#(""",# #=9.=#("'&(0#'/#%"",#/0&;&9#7#9#!;#"",##A"#(" ,!9'.%,9#!;#",&'%0#$&"(",#$!"#%#''!"&( '#0;&%#:'.-<#%""=!A&=.=$!>'G ,#/#0.'!9",#'!&$0#7.9!"&(!9'',8'",!"",#9#!;# #(%!',=#("  ',!99  9!/'#  (  0#'&7(!"&(:  0#"&0#=#(":  $#!",:  $&'%,!07#: $&'=&''!90"#0=&(!"&(8#;#0:",#/0;&'9!>'$8(",!"&(%!'# 0#"&0#=#("",#&%#0:,#',!99-#9&!-9#"-#/!&$!'.=#@.&;!9#("" ",##=9.=#("'",#/#0&$("#A%##$&(7*$!>'",#/0&;&9#7#9#!;# ,#,!$!%%.=.9!"#$

#7.9!"&(D #7.9!"&('CC$#'("9!>$8(",!"&( %!'#%=/.9'0>0#"&0#=#("!(&%#0:",#9#!;##(%!',=#("',!99(" -#/!&$",&=,#0#0#:",#&=/.7(#$0$#0$!"#$B ((#A.0#6 6 :$#%9&(&(7",#9#!;##(%!',=#("!($70!".&">:&'!9'&99#7!9!($",# '!=#&',#0#->@.!',#$ '!0#'.9"",#0#7&(7&($&(7':",#/0#'#("80&"/#"&"&(&' /!0"9>!998#$!($/!0"9>$&'=&''#$,#%9!&=",#/#"&"&(#00/#('&( !($

&'$&'=&''#$ #'/($#("6-!(2&'$&0#%"#$"0#9#!'#",#70!".&"> !($9#!;##(%!',=#(""",#/#"&"&(#0!9(78&",&("#0#'"!"",#0!"#CJ /#0!((.=:'"!0"&(7",0##=(",'0=",#$!"#,&'%=/.9'0>0#"&0#=#(" "&99",#$!"#/!>=#("

4+   *  '<2' ,#",#0'/#!2&(7 0#!'(#$ ) #' ,#",#0 #/0"!-9# )