DHIRENDRA CHANDRA PAL vs ASSOCIATED BANK OF TRIPURA LTD.(IN LIQUIDATION)

The Supreme Court held that under Sections 45-B and 45-G of the Banking Companies Act, 1949, the procedure for deciding claims in liquidation should generally be summary, unless the court or High Court rules dictate otherwise. The court affirmed that the Liquidator's action to eject the appellant was valid, as the tenancy agreement allowed for termination on short notice. The appeal was dismissed, confirming the ex parte decree against the appellant as lawful and within jurisdiction.