8. R.D. Saxena vs Balram Prasad Sharma on 22 August, 2000 Civil appeal No. 1938/2000
Case Title: R.D. Saxena vs Balram Prasad Sharma Date of Decision: 22 August, 2000 Civil Appeal No.: 1938/2000
Parties:
- Appellant: R.D. Saxena
- Respondent: Balram Prasad Sharma
Facts:
- The respondent, Balram Prasad Sharma, filed a suit against the appellant, R.D. Saxena, claiming that he had lent an amount of Rs. 40,000 to the appellant and was yet to receive the same.
- The trial court held that the loan had indeed been given by the respondent to the appellant and directed the latter to repay the same with interest.
- Aggrieved by the decision of the trial court, the appellant filed an appeal before the High Court.
- The High Court dismissed the appeal and upheld the decision of the trial court.
- The appellant then filed a special leave petition before the Supreme Court of India against the judgment of the High Court.
Facts in Issue:
- Whether the loan of Rs. 40,000 was given by the respondent to the appellant.
- Whether the appellant is liable to repay the loan with interest.
Order:
- The Supreme Court upheld the decision of the trial court and the High Court.
- It was held that the respondent had successfully proved the loan transaction and the appellant was liable to repay the same with interest.
- The appeal was dismissed.