Read the full judgment text of on BabelCite. was delivered on 31 July 1991.
1. On 27th April 1989, I gave leave for entry of judgment against Mohan Bhagwandas Murjani (Mr. Murjani) in Action 1045/89, and against Bhagwandas Kewalram Murjani (BKM) in Action 1404/89, for US$10,798,955.91. In each action, the Bank of India (BOI) was plaintiff, while Mr. Murjani and BKM were each guarantors of Murjani industries (HK) Ltd. for facilities granted to that company by BOI. Appeals against my decision were dismissed on 11th December 1989. Meanwhile, in September and October 1989,