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february 2020

Supreme Court of India · 2020-02-28

Bank Of India vs M/S Brindavan Agro Industries Pvt Ltd

Citation / case number
AIRONLINE 2020 SC 277
Court
Supreme Court of India
Petitioner
Bank Of India
Respondent
M/S Brindavan Agro Industries Pvt Ltd
Author
Hemant Gupta
Bench
Hemant Gupta, D.Y. Chandrachud

Judgment text excerpt

The Supreme Court upheld the decision of the National Consumer Disputes Redressal Commission, affirming that the Bank of India failed to process the loan application of M/S Brindavan Agro Industries Pvt Ltd in a timely manner. The court emphasized the importance of consumer rights and the obligation of financial institutions to act promptly on loan applications. The appeal by the Bank was dismissed, reinforcing the consumer's right to seek redress for delays in service.

Bank Of India vs M/S Brindavan Agro Industries Pvt Ltd · Niyam