Supreme Court of India
Standard Chartered Bank v. Dharminder Bhohi and Others
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.
What the Court ordered
We hold that the borrowers would get a reasonably fair deal and opportunity to get the matter adjudicated upon before the Debts Recovery Tribunal.
Judgment, page 16
From the headnote
SEGUR/TISA TION AND RECONSTRUCTION OF FINANCIAL ASSETS AND ENFORCEMENT OF SECURITY INTEREST ACT, 2002: Delay in disposal of cases and granting of adjournments by ORT and DRAT - Object of the Act - Explained -- Held: Delay in disposal of application by DRT and appeal by DRAT 0 has the potentiality or creating a corrosion in the economic spine of the country - Grant of an adjournment should be an exception and not a routine and mechanical matter - Tribunals are expected to act in quite promptitude, so that an . ingenious litigant does not take recourse to dilatory toctics - In the case at hand…
Authorities it was built on
Where later benches applied it
- 2021 Municipal Corporation of Greater Mumbai v. Ankita Sinha & Ors.
- 2020 M/s. Tripower Enterprises (private) Limited v. State Bank of India & Ors.
Of those, 2 referred to
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