Supreme Court of India
M. D. Frozen Foods Exports Pvt. Ltd. & Ors. v. Hero Fincorp Ltd.
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.
3 Supreme Court benches have cited this judgment.
From the headnote
Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act) - ss.2(l)(m)(iv),(o),(zd) and 13(2), 31A, 35, 37- Simultaneous proceedings for recovery under the Arbitration and Conciliation Act, 1996 and the SARFAESI Act - Permissibility of- Appellants borrowed monies from respondent, against security of immovable properties by creating equitable mortgage of seven properties - Account of appellants became a 'Non-Pe1jorming Asset' ('NPA ') - Agreement between the parties contained an arbitration clause and thus, the lender/respondent invoked
Authorities it was built on
- 1982 D.S. Nakara & Others v. Union of India
- 1957 Garikapatti Veeraya v. N. Subbiah Choudhury
- 1994 Hitendra Vishnu Thakur and Ors. v. State of Maharashtra and Ors.
- 2014 Commissioner of Income Tax (central)-1, New Delhi v. Vatika Township Private Limited
- 2004 Mardia Chemicals Ltd. Etc. Etc. v. Union of India and Ors. Etc. Etc.
- 2006 M/s Transcore v. Union of India and Anr.
- 2010 United Bank of India v. Satyawati Tondon and Others
- 2001 Shyam Sunder and Anr. v. Ram Kumar and Anr.
- 1961 Trimbak Damodhar Raipurkar v. Assaram Hiraman Patil and Ors.
- 2005 State Bank's Staff Union (madras Circle) v. Union of India and Ors.
- 1975 Govinddas & Ors. Etc. Etc. v. Income Tax Officer & Another
Where later benches applied it
- 2020 Vidya Drolia and Others v. Durga Trading Corporation
- 2021 Forum for People’s Collective Efforts (fpce) & Anr. v. The State of West Bengal & Anr.
- 2020 M/s. Tripower Enterprises (private) Limited v. State Bank of India & Ors.
Of those, 1 relied on · 2 referred to
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