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september 1999

Supreme Court of India · 1999-09-10

ALLAHABAD BANK, CALCUTTA vs RADHA KRISHNA MAITY

Citation / case number
SC 1998/12154
Court
Supreme Court of India
Petitioner
ALLAHABAD BANK, CALCUTTA
Respondent
RADHA KRISHNA MAITY
Author
JAGANNADHA RAO
Bench
M.J.RAO A.P.MISRA

Judgment text excerpt

The Supreme Court held that the injunction granted by the Debts Recovery Tribunal under Section 19(1) of the Recovery of Debts due to Banks and Financial Institutions Act, 1993 was not permissible as it did not fall within the types of interim orders specified in Section 19(6) of the Act. The Court affirmed the High Court's decision to set aside the Tribunal's order, emphasizing that the Tribunal's powers are limited to specific interim measures. Consequently, the appeal by Allahabad Bank was dismissed, upholding the High Court's ruling.

ALLAHABAD BANK, CALCUTTA vs RADHA KRISHNA MAITY · Niyam