Phr Invent Educational Society vs Uco Bank on 20 May, 2022
In PHR Invent Educational Society v. UCO Bank: (2024) 6 SCC 579, the Honble Supreme Court followed the law laid down in Varimadugu Obi Reddy v. B. Sreenivasulu (Supra) and also followed some other judgments. The relevant passage from the aforesaid judgment is being quoted below: -