Supreme Court of India

Canara Bank v. N. G. Subbaraya Setty & Anr.

Neutral citation
Reported as [2018] 3 S.C.R. 884
Bench Adarsh Kumar Goel and R. F. Nariman JJ.
Decided 20 April 2018

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.

What the Court ordered

We are of the view that the trademark cannot be said to be property which has come into the possession of the bank in satisfaction or part satisfaction of any of the claims of the bank.

Judgment, page 42

From the headnote

Code of Civil Procedure, 1908 –s.11 – Res judicata – General rule and its exceptions – Erroneous decision given on a statutory prohibition in former suit – Statutory prohibition not given effect to – Plea of res judicata in subsequent suit – Held: An i ssue of law which arises between the same parties in a subseque nt suit or proceeding is not res judicata if, by an erroneous decision give n on a statutory prohibition in the former suit or proceeding, the sta tutory prohibition is not given effect to – On facts, respondent in order to repay dues of the bank, signed assignment deed with Bank

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