Madras High Court Allows Revision by Bank, Rejects Plaint in Suit for Permanent Injunction After Assignment of Debt. Held that once loan liability is assigned to an Asset Reconstruction Company, the assignor Bank is not a necessary party and the plaint discloses no cause of action under Order VII Rule 11 CPC....
The Civil Revision Petition was filed by the Defendant-Bank, City Union Bank Ltd., challenging the order dated March 19, 2020 passed by the XVIII Assistant Judge, City Civil Court, Chennai, dismissing...




