Supreme Court of India

Varimadugu Obi Reddy v. B. Sreenivasulu & Ors.

Neutral citation
Reported as [2022] 16 S.C.R. 1108
Bench Ajay Rastogi and C.T. Ravikumar JJ.
Decided 16 November 2022

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 Asse ts and Enforcement of Security Interest Act, 2002: ss. 13(2), 13(4), 14, 17(1), 18 – e-auction sale - Respondent availed three loan facilities after executing necessary security docum ents - Another Respondent stood as guarantor and created an equitable mortgage over her immovable property as security for due repaym ent of the said loan amount - Respondent borrowers committed d efault in repaying the outstanding loan amount as also the interest - Loan accounts classified as non-performing assets-NPA – Initiation of recovery proceedings by

Where later benches applied it

Of those, 1 relied on · 2 referred to

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