Denial of release of title deeds without any charge is unsustainable

Mahalaxmi Textiles A Proprietorship Firm Vs Syndicate Bank Main Branch (Gujarat High Court) Held that it is not open for the Bank to fasten indirect liability and deny release of title deeds of the property on which there is no charge Facts- Respondent no. 2 had availed financial assistance from respondent no. 1 Bank and while availing assistance, respondent no. 2 had mortgaged the property in question in favour of the respondent no. 1 Bank. On failure to repay the loan, the respondent no. 1 bank classified the account of respondent no. 2 as a Non-Performing Asset. The writ-applicant approache...