Supreme Court of India

Bhagyoday Cooperative Bank Ltd. v. Ravindra Balkrishna Patel Deceased through His Lrs & Ors

Neutral citation
Reported as [2022] 18 S.C.R. 1
Bench K.M Joseph and Hrishikesh Roy 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.

1 Supreme Court bench has cited this judgment.

What the Court ordered

We are of the view that there is no merit in the contention of the respondents.

Judgment, page 20

From the headnote

Gujarat Co-operative Societies Act, 1961 (GCoSA, 196 1) – Ss. 103, 103 (a) - Code of Civil Procedure 1908 – Ss. 38, 39, Or. 21, r.46A, Or. 26, r.46 – Limitation Act S. 5 – The Appell ant-Bank granted a financial facility to a firm (M/s. Vimal Traders, Partnership Firm) of three partners (Respondents and one Gautam Vishnupras ad Tripathi) – Amount was not repaid – Lavad Suit was filed in 1988 by the Appellant before the Board of Nominees u/ GC oSA 1961, which held to make payment with interest p.a. from the dat e of suit till realisation and cost of the suit to the Plaintiff (ther ein) –

Where later benches applied it

Of those, 1 referred to

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