Supreme Court of India
Eureka Forbes Limited v. Allahabad Bank and Ors.
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.
4 Supreme Court benches have cited this judgment.
From the headnote
Recovery of Debts Due to Banks and Financial Institutions Act, 1993: Object of the Act - Discussed. s.2(g) and 17 - 'debt' - Meaning of- Jurisdiction of Debt Recovery Tribunal - Respondent nos.2 and 3 had obtained licence from appellant company to use their factory premises - They failed to pay the licence fee - Appellant sold the goods lying in the premises and adjusted the sale proceeds thereof towards the arrears of licence fee, without the consent of respondent no.1-bank, though said goods were hypothecated by respondent nos.2 and 3 in favour of respondent no.1 - Claim by respondent
Authorities it was built on
Where later benches applied it
- 2023 Mumtaz Yarud Dowla Wakf v. M/s Badam Balakrishna Hotel Pvt. Ltd. & Ors.
- 2012 Bhartiya Seva Samaj Trust Tr. Pres. & Anr. v. Yogeshbhai Ambalal Patel & Anr.
- 2018 M/s. Advanta India Ltd. v. B. N. Shivanna
- 2011 The Executive Engineer and Anr. v. M/s Sri Seetaram Rice Mill
Of those, 2 relied on · 2 referred to
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