Supreme Court of India
The Official Liquidator, U.P. and Uttarakhand v. Allahabad Bank 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.
2 Supreme Court benches have cited this judgment.
From the headnote
Recovery of Debts Due to Banks and Financial Institutions Act, 1993 - s.30 - Auction/sale by Recovery Officer t.mder 1993 Act - In a winding-up proceedings, appointment of Official Liquidator by Company Court - Officia! Liquidator's challenge to the auction/sale before Company Court - Jurisdiction of Company Court to entertain the challenge - Held: 1993 Act is a complete code in itself and the tribunal (ORT) has exclusive jurisdiction for the purpose o of sale of the properties for realization of the dues to the Banks and financiql institutions - But at the time of auction/sale, it is…
Authorities it was built on
- 2000 Allahabad Bank v. Canara Bank and Anr.
- 2002 Union of India and Anr. v. Delhi High Court Bar Association and Ors.
- 2005 Rajasthan Financial Corporation and Anr. v. The Official Liquidator and Anr.
- 2000 A.P. State Financial Corporation v. Official Liquidator
- 2005 Andhra Bank v. Official Liquidator and Anr.
- 2003 International Coach Builders Ltd. v. Karnataka State Financial Corpn.
Where later benches applied it
- 2016 Anita International v. Tungabadra Sugar Works Mazdoor Sangh - and Others
- 2019 The Authorised Officer, Indian Bank v. D. Visalakshi and Anr.
Of those, 1 relied on · 1 referred to
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