Supreme Court of India
Balkishandas & 12 Others v. State Bank of Hyderabad and Anr.
INSC stands for INDIAN SUPREME COURT. A neutral citation scheme assigned by the Court itself, so a judgment can be cited without depending on a commercial law reporter. INSC is the neutral citation scheme assigned by the Supreme Court, so a judgment can be cited without depending on a commercial law reporter.
From the headnote
Hyderabad Jaglrdars Debt Settlement Act, 1952-S. 11 and 25-IU scope-Mortgage executed In favour of Bank-Whethtr extinguished by virtue of S. 11 and 25 of the Act, Respondent I, a bank, filed a suit against appellants Nos. 1 to 4, mem· hers of a joint family, for the recovery cif Rs. 5 lakbs on the basis of a mortgage deed executed in favour of the bank, by securing certain im· movable properties without possession. Defendant No. 5 became a guarantor for the amount borrowed and executed a separate guarantee in favour of the Bank. The appellants, who were Iagirdars, had money transactions with
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