Supreme Court of India · 2000-11-28
BHANU CONST.CO.P.LTD. vs ANDHRA BANK, HYD.
- Citation / case number
- SC 1999/10044
- Court
- Supreme Court of India
- Petitioner
- BHANU CONST.CO.P.LTD.
- Respondent
- ANDHRA BANK, HYD.
- Bench
- M. JAGANNADHA RAO & DORAISWAMY RAJU
Judgment text excerpt
The Supreme Court held that the order passed by the Civil Court on 20.9.94 was without jurisdiction as it was made after the enactment of The Recovery of Debts due to Banks and Financial Institutions Act, 1993, which came into effect on 24.6.93. The Court emphasized that disputes regarding debts due to banks must be adjudicated by the Tribunal established under the Act, not by civil courts. Consequently, the appeals were allowed, and the Division Bench's dismissal of the writ petition was set aside, reinforcing the jurisdictional limits imposed by the Act.