Supreme Court of India

C. Bright v. The District Collector & Ors.

Neutral citation
Reported as [2020] 7 S.C.R. 997
Bench L. Nageswara Rao, Hemant Gupta and Ajay Rastogi JJ.
Decided 5 November 2020

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.

1 Supreme Court bench has cited this judgment.

From the headnote

Securitisation and Reconstruction of Financial Asse ts and Enforcement of Security Interest Act, 2002: s.14 – Whether mandatory or directory provision – Held: s.14 mandating the District Magistrate to deliver possession of a secured asset wit hin 30 days, extendable to an aggregate of 60 days upon reasons recorded in writing, is a directory provision – The purpose of enactm ent of the 2002 Act was to provide a machinery for empowering banks and financial institutions, so that they may have power to take possession of secured assets and to sell them – Keeping the objectiv e of the Act in mind,

Where later benches applied it

Of those, 1 relied on

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