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1 - 10 of 17 (0.27 seconds)Section 4 in Karnataka High Court Act, 1961 [Entire Act]
Karnataka State Industrial Investment ... vs Cavalet India Ltd. And Ors on 30 March, 2005
(iv) It is not for the Court or a third party to
substitute it's decision howsoever prudent or business like
it may be, for the decision of the bank; in commercial
matters, the Courts do not risk their judgments for the
: 15 :
judgments of the bodies to which that task is assigned; a
Public Sector Bank or a Financial Institution cannot wait
indefinitely to recover its dues; the fairness required of the
bank cannot be carried to the extent of disabling it from
recovering what is due; in matters of loan transactions,
fairness cannot be a one-way street; both the bank & the
borrower have to be equally fair to each other; nearly, thus
said the Apex Court in Cavalet India (Supra); these
observations equally apply to the appeals at our hands.