located; or (c) the branch or any other office of a bank or financial institution is maintaining an account in which debt claimed is outstanding ... created after the issuance of notice of default and demand by the Bank under sub-section (2) of section
aggregate amount of financial assistance granted and the total claim of the Bank as on the date of filing the application; (ii) the borrower ... created security interest over various properties and that the Bank or Financial Institution is holding a valid and subsisting security interest over such properties
section 13. (5C) The provisions of section 9 of the Banking Regulation Act, 1949 shall, as far as may be, apply to the immovable property
accordance with the provisions of the Recovery of Debts Due to Banks and Financial Institutions Act, 1993 ( 51 of 1993 ) and rules made thereunder
Jaipur Zila Sahakari Bhoomi Vikas Bank ... vs Ram Gopal Sharma & Ors on 17 January, 2002
Equivalent citations: AIR 2002 SUPREME COURT ... Appeal (civil) 87-88 of 1986
PETITIONER:
JAIPUR ZILA SAHAKARI BHOOMI VIKAS BANK LTD.
RESPONDENT:
RAM GOPAL SHARMA & ORS.
DATE OF JUDGMENT
under this Act or under the Recovery of Debts Due to Banks and Financial Institutions
section (1) of section 8 of the Recovery of Debts Due to Banks and Financial Institutions Act, 1993 ( 51 of 1993 ); (b) asset reconstruction means ... right or interest of any bank or financial institution in any financial assistance for the purpose of realisation of such financial assistance; (ba) [ "asset reconstruction
Bank Of India & Ors vs O.P. Swarnakar Etc on 17 December, 2002
Equivalent citations: AIR 2003 SUPREME COURT ... civil) 8500 of 2002
Special Leave Petition (civil) 7966 of 2002
PETITIONER:
Bank of India & Ors.
RESPONDENT:
O.P. Swarnakar etc.
DATE OF JUDGMENT
challenge to the constitutional validity of The Recovery of
Debts Due to Banks and Financial Institutions Act, 1993 (hereinafter
referred ... legislative competence of the Parliament, arises for
consideration in these cases.
The banks and financial institutions had been experiencing
considerable difficulties in recovering loans
Topline Shoes Ltd vs Corporation Bank on 8 July, 2002
Equivalent citations: AIR 2002 SUPREME COURT 2487, 2002 AIR SCW 2794, 2002 (2) BLJR ... Appeal (civil) 3654-58 of 2002
PETITIONER:
TOPLINE SHOES LTD.
RESPONDENT:
CORPORATION BANK
DATE OF JUDGMENT: 08/07/2002
BENCH:
D.P. MOHAPATRA & BRIJESH
