Supreme Court of India
Salim Akbarali Nanji v. Union of India and Ors.
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.
From the headnote
Recovery of Debts Due to Banks Act, 1993. Sections 19 & JI- . Bad debts·--Writing-ojf--Non performing assets-Approval by Reserve Bank of India- Va/iditv of-Development Credit Bank mude a request to the Reserve Bunk of India to grant permission and allow the Bank to write-off from its financial rec:ords debts that had turned into non performing assets over the years amounting to Rs. 120 crores- -ft was stated that the Brink had taken necessary steps to recover the dues and would continue to take fo//ow up action--Reserve Bank of India granted approval tu write-off the debts against "Revenue &…
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