Supreme Court · 2015 INSC 545 · Decided 5 August 2015
Baleshwar Dayal Jaiswal v. Bank of India & ORS.
- Court
- Supreme Court of India
- Citation
- 2015 INSC 545 · [2015] 9 S.C.R. 1
- Case number
- CIVIL APPEAL No. 5924/2015
- Decided
- 5 August 2015
- Bench
- J.S. KHEHAR, ADARSH KUMAR GOEL (2-judge bench)
- Outcome
- Disposed off
- Case type
- Civil
- Acts & sections cited
- IPC Section 195; CrPC Section 195; Limitation Act Section 29(2), 5; SARFAESI Act Section 18(1), 18(2)
Headnote
Securitisation and Reconstruction of Financial Assets c and Enforcement of Security Interest Act, 2002 - s. 18(2) - Appellate Tribunal - Power of - To condone delay in filing appeal u/s.18(1) of the Act- Held: s. 18(2) provides that the Tribunal under the Act has to dispose of an appeal in of Recovery of Debts Due to D Banks and Financial Institutions Act, 1993 - Thus the proviso to s. 20(3) of the 1993 Act is applicable - Unless the scheme of the statute expressly excludes the power of condonation, such power cannot be denied to the Tribunal, when the statutory scheme so
Judgments are the courts' own published copies, provided for study; they are not certified copies. Source: Indian Supreme Court & High Court Judgments, Dattam Labs (CC-BY-4.0)