Supreme Court of India

Uco Bank and Anr. v. Dipak Debbarma & Ors.

Neutral citation
Reported as [2016] 11 S.C.R. 723
Bench Ranjan Gogoi J.
Decided 25 November 2016

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.

5 Supreme Court benches have cited this judgment.

What the Court ordered

For the aforesaid reasons, the impugned order passed by the High Court has to be set aside which we hereby do.

Judgment, page 16

From the headnote

Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 - s.13 - Tripura Land Revenue and Land Rejorms Act, 1960 - s.187 - The Act of 2002 provides for sale of immovable properties offered as security for a loan advanced, without any restriction as to the class or category of buyers, is in infraction of s.187 of the Tripura Act of 1960, where there is embargo on sale of mortgaged properties by the bank to any person who is not a member of a Scheduled Tribe - Propriety of - Held: The Act of 2002 enacted by the Union Parliament is referable to Entry

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