Supreme Court of India

Bank of Rajasthan Ltd. v. Vck Shares & Stock Broking Services Ltd.

Neutral citation
Reported as [2014] 13 S.C.R. 1202
Bench Ranjan Gogoi and S. A. Bobde JJ.
Decided 17 September 2014

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.

From the headnote

Recovery of Debts due to Banks and Financial Institutions Act, 1993: s. 19- Jurisdiction of civil court to hear and try a counterclaim ora set off filed by debtor- In view of difference of opinion between the several benches of Supreme Court on the issue, the following questions of law referred to larger bench - Whether an independent suit filed by a borrower against a Bank or Financial Institution, which has applied for recovery of its loan against the plaintiff under the ROB Act, is liable to be transferred and tried along with. the application under the ROB Act by the ORT; If yes, can such

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