Supreme Court of India · 1998-08-25
CANARA BANK vs MANGESH SITARAM CHANDEKAR
- Citation / case number
- SC 1997/19084
- Court
- Supreme Court of India
- Petitioner
- CANARA BANK
- Respondent
- MANGESH SITARAM CHANDEKAR
- Author
- A.S.ANAND,M SRINIVASAN,S. RAJENDRA BABU.
- Bench
- A.S.ANAND,M SRINIVASAN,S. RAJENDRA BABU.
Judgment text excerpt
The Supreme Court allowed the appeal, referencing the case of Canara Bank Vs. P R N Upadhyaya, and set aside the award of the learned Ombudsman dated 10.03.1997. The Court directed that the matter be remanded to the Ombudsman for fresh disposal on merits, emphasizing the need for a reconsideration in light of the observations made in the earlier case. The application to implead the Reserve Bank of India was also permitted, with formal notice waived.