Supreme Court of India

Central Bank of India v. Ravindra and Ors.

Neutral citation

Reported as [2001] SUPP. 4 S.C.R. 323

Bench Dr. A.S. Anand, K.T. Thomas, R.C. Lahoti, 'n. Santosh Hegde and S.N. Variava JJ.

Decided 18 October 2001

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.

15 Supreme Court benches have cited this judgment.

What the Court ordered

We are of the opinion that the meaning assigned to the expression 'the principal sum adjudged' should continue to be assigned to "principal sum" at such other places in Section 34( 1) where the expression has been used qualified by the adjective "such" that is to say, as "such principal sum".

Judgment, page 34

From the headnote

Code of Civil Procedure, 1908: Section 34 [as amended by the Code of Civil Procedure (Amendment) Act (66 of 1956) w.ej. 1.1.1957] Recovery of money-Suits for-By Banking Institutions against their borrowers-" Principal sum adjudged" and "such principal sum" -Bank sanc tioned loan to borrower-Loan carried 11% interest per annum-Bank insti tuted suit for recovery of money-Trial court decreed suit for the total outstand- c ing amount inclusive of interest on the date of institution of suit with 8% future interest per annum-On appeal, High Court directed interest at 11% per annum to be payable

Authorities it was built on

1999 V. Sudeer Etc v. Bar Council of India and Another cited by 27
1973 Sri Mahalinga Thambiran Swamigal v. His Holiness Sri La Sri Kasivasi Arulnandi Thambiran Swamigal cited by 5
1973 Shew Kissen Bhattar v. The Commissioner of Income Tax, Calcutta cited by 2

Where later benches applied it

2025 M/s Tomorrowland Limited v. Housing and Urban Development Corporation Limited and Another relied on
2021 Nbcc (india) Limited v. Shri Ram Trivedi relied on
2018 Jayant Verma & Ors. v. Union of India & Ors. relied on
2023 Supriyo @ Supriya Chakraborty & Anr v. Union of India followed
2021 Unitech Limited & Ors. v. Telangana State Industrial Infrastructure Corporation (tsiic) & Ors. followed
2024 Pam Developments Private Limited v. The State of West Bengal & Anr. referred to
2024 Shri Gurudatta Sugars Marketing Pvt. Ltd. v. Prithviraj Sayajirao Deshmukh & Ors. referred to
2023 M/s Suneja Towers Private Limited & Anr. v. Anita Merchant referred to
2021 Maharashtra State Electricity Distribution Company Limited v. Maharashtra Electricity Regulatory Commission & Ors. referred to
2019 Union of India v. Association of Unified Telecom Service Providers of India Etc.etc. referred to
2019 Dharani Sugars and Chemicals Ltd. v. Union of India & Ors. referred to
2014 M/s. Hyder Consulting (uk) Ltd. v. Governor, State of Orissa through Chief Engineer referred to
2012 Bharat Heavy Electricals Ltd. v. R.S. Avtar Singh & Co. referred to
2010 State of Haryana & Ors. v. S. L. Arora & Company referred to
2014 T.N. Generation & Distbn. Corpn. Ltd. v. Ppn Power Gen. Co. Pvt. Ltd. mentioned

Of those, 3 relied on · 2 followed · 9 referred to · 1 mentioned

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