If a decree is granted to the bank on the basis of its accounts, and the damages, if any, is decreed in favour of the company, a set off could be directed and an ultimate order or decree passed in favour of the bank or the company – State Bank of India Vs. Ranjan Chemicals Ltd. and Anr. – Supreme Court

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If a decree is granted to the bank on the basis of its accounts, and the damages, if any, is decreed in favour of the company, a set off could be directed and an ultimate order or decree passed in favour of the bank or the company – State Bank of India Vs. Ranjan Chemicals Ltd. and Anr. – Supreme Court Read Post »