Supreme Court of India

Ptc India Financial Services Limited v. Venkateswarlu Kari and Another

Neutral citation
Reported as [2022] 9 S.C.R. 1063
Bench M. R. Shah and Sanjiv Khanna JJ.
Decided 12 May 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.

From the headnote

Contract Act, 1872 – Depositories Act, 1996 – Securities and Exchange Board of India (Depositories and Participa nts) Regulations, 1996 - Whether the Depositories Act, 1996 read with the Regulation 58 of the Securities and Exchange Boa rd of India (Depositories and Participants) Regulations, 19961 has the legal effect of overwriting the provisions relating to the con tracts of pledge under the Indian Contract Act, 1872 and the common law as applicable in India – Held: The Depositories Act pr escribes how the dematerialised securities can be pledged – The provisions of the Depositories Act and

Where later benches applied it

Of those, 1 referred to

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