Supreme Court of India
S. Karthik & Ors. v. N. Subhash Chand Jain & 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
Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 – Section 13 – Enforcement of Security Interest – Notice to Sale – Rule 9 of the SARFAESI Rules – 30 days’ notice – The present appeal challenges the common judgment of the High Court disposing of four writ petitions – Loan transaction of Rs. 21,14,00,000/- between AC Pvt. Ltd. (borrower) and Bank (Respondent No. 5) – 4 properties were mortgaged as security – Borrower was categorised as Non- Performing Asset – First Sale Notice was issued on 21.01.2012 in respect of all the 4 properties…
Authorities it was built on
- 1976 Narandas Karsondas v. S. A. Kamtam & Anr.
- 2014 J. Rajiv Subramaniyan & Anr. v. M/s. Pandiyas & Ors.
- 2018 Dwarika Prasad v. State of Uttar Pradesh and Ors.
- 2014 Vasu P. Shetty v. M/s Hotel Vandana Palace & Ors.
- 2019 Shakeena & Anr. v. Bank of India & Ors.
- 2014 Kalpesh Hemantbhai Shah v. Manhar Auto Stores through its Partner & Ors.
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