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august 2011

Supreme Court of India · 2011-08-29

ANDHRA BANK vs N.V.CHOUDARY

Citation / case number
SC 2010/33635
Court
Supreme Court of India
Petitioner
ANDHRA BANK
Respondent
N.V.CHOUDARY
Author
DALVEER BHANDARI,DEEPAK VERMA, , ,
Bench
DALVEER BHANDARI,DEEPAK VERMA, , ,

Judgment text excerpt

The Supreme Court held that in matters where a bank is fully secured and has been made a party in ongoing proceedings before the High Court, it is not inclined to interfere with the interim orders issued by the High Court. The Court emphasized the importance of maintaining the status quo in secured transactions pending the resolution of the main matter. Consequently, the appeal was disposed of without costs.

ANDHRA BANK vs N.V.CHOUDARY · Niyam