Tag Archives: nationalised bank

[Case Brief] Central Bank of India v/s State of AP & Others, 2005

Brief Facts and Procedural History: The petitioner, Central Bank of India, is a nationalized bank. According to the petitioner, M/s. Kirlampudi Sugar Mills Limited (KSML), the fifth respondent, availed cash credit limit and term loans from one of the branches of the petitioner bank. To secure the loan, KSML had hypothecated the plant and machinery […]