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november 2000

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.

BHANU CONST.CO.P.LTD. vs ANDHRA BANK, HYD. · Niyam