Supreme Court of India

Manager, Icici Bank Ltd. v. Prakash Kaur and Ors.

Neutral citation
Bench Dr. Ar. Lakshmanan and Altamas Kabir JJ.
Decided 26 February 2007
Status Distinguished

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

Banks/Banking: Recovery agents-Hiring of-For recovery of loan/possession of c vehicle-Held: (Altamas Kabir, J) : Practice of hiring recovery agents/ musclemen, deprecated--Banks must resort to procedure recognized by law to take possession of vehicles where borrower defaults in payment of instalments instead of taking resort to strong arm tactics-Held: (Dr. AR Lnkshmanan, J): Suggestions to Banks not to resort to goondas to take possession of vehicle by force-Disputes between customers and Banks- Suggested to be referred to Lok Adalats.

Where later benches applied it

Of those, 1 distinguished

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