Supreme Court of India · 2023-11-09
Surendra B. Jiwrajka vs Omkara Assets Reconstruction Private ...
- Court
- Supreme Court of India
- Petitioner
- Surendra B. Jiwrajka
- Respondent
- Omkara Assets Reconstruction Private ...
- Author
- Dhananjaya Y Chandrachud
- Bench
- Dhananjaya Y Chandrachud
Judgment text excerpt
The Supreme Court examined the validity of certain government actions and policies related to asset reconstruction and recovery, emphasizing the importance of procedural fairness and adherence to statutory provisions. The court analyzed the constitutional and legal framework governing asset reconstruction processes, ensuring that the rights of parties are protected while maintaining the efficacy of recovery mechanisms. The judgment underscores the court's role in balancing administrative discretion with legal safeguards, ultimately upholding the challenged actions as consistent with law.