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july 2022

Supreme Court of India · 2022-07-20

TOPLINE SHOES LTD. AND ANR. vs PUNJAB NATIONAL BANK

Citation / case number
SC 2008/28591
Court
Supreme Court of India
Petitioner
TOPLINE SHOES LTD. AND ANR.
Respondent
PUNJAB NATIONAL BANK
Author
HON'BLE MR. JUSTICE B.R. GAVAI
Bench
HON'BLE MR. JUSTICE PAMIDIGHANTAM SRI NARASIMHA HON'BLE MR. JUSTICE B.R. GAVAI

Judgment text excerpt

The Supreme Court dismissed the appeal challenging the Bombay High Court's decision which upheld the orders of the Debts Recovery Tribunal and the Debts Recovery Appellate Tribunal. The appellants had claimed that an amount in their current account was illegally withheld by the respondent-Bank, but both the DRT and DRAT dismissed their counter-claim. The court found no grounds to interfere with the lower courts' findings, leading to the dismissal of the writ petition filed by the appellants.

TOPLINE SHOES LTD. AND ANR. vs PUNJAB NATIONAL BANK · Niyam