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march 2008

Supreme Court of India · 2008-03-11

Uttar Gujarat S.R.V. Sangh Ltd vs M/S. Mehsana Dist. Cent. Co-Op. Bank Ltd ...

Court
Supreme Court of India
Petitioner
Uttar Gujarat S.R.V. Sangh Ltd
Respondent
M/S. Mehsana Dist. Cent. Co-Op. Bank Ltd ...
Author
Arijit Pasayat
Bench
Arijit Pasayat, C.K. Thakker, Lokeshwar Singh Panta

Judgment text excerpt

The Supreme Court held that the appellant, who was prevented from paying the sale proceeds to Respondent No. 1 due to an injunction order obtained by Respondent No. 3, was entitled to a fair hearing as per principles of natural justice under Article 14 and Article 21 of the Constitution. The Court emphasized that the appellant had no privity of contract with Respondent No. 3 and should not be penalized with interest for a situation beyond its control. The judgment of the Gujarat High Court was set aside, allowing the appellant to contest the claims against it.

Uttar Gujarat S.R.V. Sangh Ltd vs M/S. Mehsana Dist. Cent. Co-Op. Bank Ltd ... · Niyam