Sohan Textiles Industries & Ors. vs. The Punjab National Bank Kishangarh

Code of Civil Procedure, 1908–Order 37–Suit for recovery of money–Decreed with interest–Appellants did not appear despite notice and trial Court proceeded ex-parte–Plaintiff-bank had authorized its senior manager to file the suit and the power of attorney was exhibited–Defendants did not dispute the terms of loan and cash credit facility–They accepted the terms and conditions of the loan and acknowledged the due loan amount–Plea of defence that documents were executed in ignorance is not found substantiated by any evidence–Held, the suit was rightly decreed.