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october 2001

Supreme Court of India · 2001-10-18

Central Bank Of India vs Ravindra And Ors

Citation / case number
AIR 2001 SUPREME COURT 3095
Court
Supreme Court of India
Petitioner
Central Bank Of India
Respondent
Ravindra And Ors
Bench
K.T. Thomas, R.C. Lahoti, N. Santosh Hegde

Judgment text excerpt

The Supreme Court referred the interpretation of 'the principal sum adjudged' in Section 34 of the Code of Civil Procedure, 1908 to a Constitution Bench, emphasizing the need for clarity on whether the principal sum and the principal sum mentioned later are the same. The Court noted that previous judgments did not adequately address the distinction between the terms used before and after the 1956 amendment. The outcome was a directive to constitute a Constitution Bench for authoritative interpretation, highlighting the implications for banking institutions in recovery suits.

Central Bank Of India vs Ravindra And Ors · Niyam