Supreme Court of India

Nahar Industrial Enterprises Ltd. v. Hong Kong & Shanghai Banking Corporation

Neutral citation
Reported as [2009] 12 S.C.R. 54
Bench S.B. Sinha J.
Decided 29 July 2009

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.

6 Supreme Court benches have cited this judgment.

What the Court ordered

For the foregoing reasons, we are of the opinion that the decisions of this Court laying down the principles of purposive interpretation, whereupon strong reliance has been placed by Mr.

Judgment, page 65

From the headnote

RECOVERY OF DEBTS DUE TO BANKS AND FINANCIAL INSTITUTIONS ACT, 1993/CODE OF CIVIL c PROCEDURE, 1908: SECTIONS 17, 18, 19, 22, 25, 31/SECTIONS 3, 4, 5, 9, 16, 17, 18, 19, 20, 96, 100, 151, 195 AND ORDER XL/ RULES 1, 5. Suit - Whether High Court/Supreme Court has the power to transfer a suit pending in Civil Court situated in one state to a Debt Recovery Tribunal. T Held: The very fact that a legal fiction has been created and the Tribunal or the Appellate Tribunal deemed to be a Civil Court for purposes of Section 195 and Chapter XXVI of CPC, itself suggests that Parliament did not intend to

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