Supreme Court of India

Authorized Officer, State Bank of Travancore and Another v. Mathew K. C.

Neutral citation

Reported as [2018] 1 S.C.R. 233

Bench R. F. Nariman and Navin Sinha JJ.

Decided 30 January 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.

5 Supreme Court benches have cited this judgment.

From the headnote

Securitisation and Reconstruction of Financial Assets and Enforcement of Security Inter est Act, 2002 – ss.13(4), 17, 18 – Grant of loans by financial institution – Failur e of the bor rower to pay the dues – Case of bor rower that he was desirous to pay loan amount, as such sought r egularization of the loan amount but bank failed to consider the same – W rit petition u/Ar t.226 by bor rower – Interim order passed, staying fur ther pr oceedings at the stage of s.13(4), on deposit of Rs.3,50,000/- – Appeal ther eagainst dismissed by the Division Bench – On appeal, held: In financial matters

Authorities it was built on

2010 United Bank of India v. Satyawati Tondon and Others cited by 27
1968 Babu Ram Prakash Chandra Maheshw Ari v. Antarim Zila Parishad Muzaffar Nagar cited by 9
2006 Chhabil Das v. Pappu cited by 9
2011 Kanaiyalal Lalchand Sachdev and Ors. v. State of Maharashtra and Ors. cited by 6
2013 Gm, Sri Siddeshwara Co-operative Bank Ltd. & Anr. v. Sri Ikbal & Ors. cited by 5
2001 Punjab National Bank v. O.C. Krishnan and Ors. cited by 5
1997 Dwarikesh Sugar Industries Ltd. v. Prem Heavy Engineering Works (p) Ltd. cited by 3

Where later benches applied it

2022 Phoenix Arc Private Limited v. Vishwa Bharati Vidya Mandir & Ors. relied on
2019 Genpact India Private Limited v. Deputy Commissioner of Income Tax & Anr. relied on
2024 Phr Invent Educational Society v. Uco Bank and Others referred to
2023 M/s South Indian Bank Ltd. & Ors. v. Naveen Mathew Philip & Anr. Etc. Etc. referred to
2019 The Authorised Officer, Indian Bank v. D. Visalakshi and Anr. referred to

Of those, 2 relied on · 3 referred to

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