Supreme Court of India
Bank of Rajasthan Ltd. v. Vck Shares & Stock Broking Services Ltd.
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1 Supreme Court bench has cited this judgment.
From the headnote
Code of Civil Procedure, 1908 : Order VII R.10 - Recovery of Debts Due to Banks and Financial Institutions Act, 1993 (RDB) – s. 19 – The appellant bank sanctioned a term loan to the respondent company, however, respondent failed to make the payment – Appellant filed an application for recovery of the amounts before the Debts Recovery Tribunal, (DRT) – Respondent entered appearance to defend the proceedings, but in addition also filed a Civil Suit in the High Court which was dismissed by the Single Judge on the finding that the Court lacked jurisdiction as the same exclusively vested with the…
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