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Case Law Details

Case Name : Abhishek Singh Vs Ajay Kumar & Ors. (Supreme Court of India)
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Abhishek Singh Vs Ajay Kumar & Ors. (Supreme Court of India)

Gold Turns Fake? Let Trial Decide — Prima Facie Case Exists- Counterblast Theory Rejected by Supreme Court -FIR Revived by Supreme Court

Background & Loan Transaction

  • Appellant pledged 254 grams of 22-carat gold & obtained a ₹7.70 lakh gold loan from Bank of India on 22.07.2020.
  • Bank issued notice on 07.10.2022 for payment of ₹8,01,383.59 including interest.
  • Appellant repaid entire dues by 31.03.2023 & repeatedly applied f

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Author Bio

CA Vijayakumar Shetty qualified in 1994 and in practice since then. Founding partner of Shetty & Co. He is a graduate from St Aloysius College, Mangalore . View Full Profile

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