Supreme Court of India

Anil Khandelwal Etc. v. Phoenix India and Anr.

Neutral citation
Bench Sanjay Karol and Sandeep Mehta JJ.
Decided 28 August 2025

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

Issue for Consideration Whether the High Court erred in rejecting the quashing petition filed by the appellants-Officers of the Bank challenging the order passed by the Magistrate issuing process against them for the offences punishable u/ss.500 and 501, Penal Code, 1860. Headnotes† Penal Code, 1860 – ss.500, 501 – Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 – s.32, 13(2), (4) – Security Interest (Enforcement) Rules, 2002 – r.8 – Code of Criminal Procedure, 1973 – s.482 – Loan accounts of respondent No.1-firm were classified as…

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