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.