Supreme Court of India

Rani Laxmibai Kshetriya Gramin Bank v. Chand Behari Kapoor and Ors. Etc.

Neutral citation
Reported as [1998] SUPP. 1 S.C.R. 524
Bench Sujata V. Manohar J.
Decided 9 September 1998

INSC stands for INDIAN SUPREME COURT. A neutral citation scheme assigned by the Court itself, so a judgment can be cited without depending on a commercial law reporter. INSC is the neutral citation scheme assigned by the Supreme Court, so a judgment can be cited without depending on a commercial law reporter.

2 Supreme Court benches have cited this judgment.

What the Court ordered

In view of the aforesaid provisions of the Act, the directions/guidelines issued by the Central Government indicating the periods for which the life of a panel would kept alive has a binding effect on the bank, and therefore, in our considered opinion so far as the life of the panel prepared by the rural banks are D concerned it must be held that same remains alive ordinarily for a period c of one year.

Judgment, page 10

Authorities it was built on

Where later benches applied it

Of those, 1 referred to · 1 mentioned

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