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FIR Reinstated Due to Unresolved Questions Around Gold Revaluation After Loan Repayment
Case Law Details
- Case Name
- Abhishek Singh Vs Ajay Kumar & Ors. (Supreme Court of India)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- 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 for return of pledged gold.
Dispute Leading to Litigation
Bank revalued ...
Author Info
