Supreme Court of India

B. S. Sheshagiri Setty & Ors. v. State of Karnataka& Ors.

Neutral citation
Reported as [2015] 13 S.C.R. 1099
Bench T. S. Thakur and V. Gopala Gowda JJ.
Decided 15 October 2015

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

Karnataka Co-operative Societies Act, 1959 - ss. 89 and 108 - Loan taken by appellants-farmers from Co- c Operative Bank - By mortgaging their agricultural property as security - Failure to repay the loan - Arbitration proceedings - Ex-parte award in favour of Bank directing recovery of loan by selling of the mortgaged property - Auction sale of the property on 27.5.1981-ln the meantime, Government notification notifying to waive off the interest amount on the loan taken by the borrowers, if they paid the principal amount by 30. 6. 1983 - Appellants paid the loan amount- Confirmation of the

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