Supreme Court of India · 2002-03-14
UNION OF INDIA vs DELHI HIGH COURT BAR ASSON.
- Citation / case number
- SC 1995/5800
- Court
- Supreme Court of India
- Petitioner
- UNION OF INDIA
- Respondent
- DELHI HIGH COURT BAR ASSON.
- Author
- B.N. KIRPAL,Y.K. SABHARWAL,K.G. BALAKRISHNAN
- Bench
- B.N. KIRPAL,Y.K. SABHARWAL,K.G. BALAKRISHNAN
Judgment text excerpt
The Supreme Court considered the constitutional validity of The Recovery of Debts Due to Banks and Financial Institutions Act, 1993. The petitioners challenged the Act on grounds of legislative incompetence and violation of Article 14 of the Constitution. The Court examined whether the establishment of specialized Tribunals and Appellate Tribunals to expedite the recovery of blocked funds was reasonable and legally permissible.