JT. FAMILY OF MUKUND DAS RAJA BHAGWAN DASS &SONS ETC. vs STATE BANK OF HYDERABAD

The Supreme Court interpreted Section 11 and Section 25 of the Hyderabad Jagirdar Settlement Act, 1952, establishing that only debts due before the notified date could be settled by the Debt Settlement Board. The Court held that the execution petition filed by the respondent-bank for recovery of a debt incurred after the notified date was not subject to transfer under Section 25(1). Consequently, the proceedings were not liable to be transferred to the Board, affirming the lower court's decree in favor of the bank.