Supreme Court of India · 2022-05-13
KOTAK MAHINDRA BANK LIMITED vs NARENDRA JAYANTILAL TRIVEDI
- Citation / case number
- SC 2022/3686
- Court
- Supreme Court of India
- Petitioner
- KOTAK MAHINDRA BANK LIMITED
- Respondent
- NARENDRA JAYANTILAL TRIVEDI
- Author
- HON'BLE MR. JUSTICE M.R. SHAH
- Bench
- HON'BLE MRS. JUSTICE B.V. NAGARATHNA HON'BLE MR. JUSTICE M.R. SHAH
Judgment text excerpt
The Supreme Court addressed the appeals concerning a loan recovery case involving Kotak Mahindra Bank and respondent Narendra Jayantilal Trivedi. The court examined the procedural history, including the transfer of the original civil suit to the Debts Recovery Tribunal under the Recovery of Debts Due to Banks and Financial Institutions Act, 1993. The judgment upheld the DRT's decree for the recovery of dues, affirming the bank's right to enforce the mortgage and recover the outstanding amounts.