Supreme Court Allows Appeal by Son in Suit Over Guarantee of Bank Overdraft, Holding No Charge Created on Property under Family Deed. Deed reciting that son and his allotted property shall answer for father's guarantee debt did not evidence intention to create charge in favor of creditor bank, and bank not being party to deed could not enforce its terms under contract law.
23 Jul 1969The case arose from a suit for recovery of an overdraft amount where the creditor bank, Kottayam Bank (later merged with State Bank of Travancore), so...
