Supreme Court of India · 2006-05-11
SALIM AKBARALI NANJI vs UNION OF INDIA .
- Citation / case number
- SC 2003/25039
- Court
- Supreme Court of India
- Petitioner
- SALIM AKBARALI NANJI
- Respondent
- UNION OF INDIA .
- Author
- B.P. SINGH
- Bench
- ALTAMAS KABIR B. P. SINGH
Judgment text excerpt
The Supreme Court upheld the High Court's dismissal of the writ petition, affirming that the issues raised by the appellant regarding the Reserve Bank of India's approval for writing off debts by Development Credit Bank Ltd. were not justiciable in writ jurisdiction. The Court noted that the appellant's claims were based on alleged violations of Sections 13 and 14 of the Securitisation Act, 2002, and Sections 19 and 31A of the Recovery of Debts Due to Banks Act, 1993, but found no merit in the arguments presented. Consequently, the appeal was dismissed, reinforcing the High Court's ruling.