Supreme Court of India
Standard Chartered Bank v. Mstc Limited
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.
What the Court ordered
We are of the view that the High Court judgment cannot be sustained and is thus set aside.
Judgment, page 20
From the headnote
Recovery of Debts and Bankruptcy Act, 1993 – ss. 19, 20, 21 and 22 – Debts Recovery Tribunal (Procedure) Rules, 1993 – r.5A – Application for review – Appellant-Bank filed an applic ation u/s. 19 of the RDB Act for recovery of a sum of Rs.191,03,54, 070.96/- – An I. . was filed by the appellant stating that given the admissions contained in the balance of the relevant years of th e respondent- Company, a sum of Rs. 222,51,00,000/- was owed by the responde nt – The said I. . was allowed by DRT – The respondent file d an appeal against the said order before the DRAT – While pending a ppeal, a
Sign in free to read it
- The full judgment, page by page, as published in the Supreme Court Reports
- The ratio: what the Court held, verbatim, with the page it sits on
- Every bench that relied on it, and every bench that argued against it
- Search every reported judgment, by party, citation or question
- Download the PDF, copy pinpoint citations ready for a filing
An email address, no password.