Supreme Court · 2000 INSC 547 · Decided 28 November 2000
Bhanu Construction CO. PVT. LTD. v. Andhra Bank, Hyderabad and ORS.
- Court
- Supreme Court of India
- Citation
- 2000 INSC 547 · [2000] SUPP. 5 S.C.R. 130
- Case number
- CIVIL APPEAL No. 7056/2000
- Decided
- 28 November 2000
- Bench
- M. JAGANNADHA RAO, DORAISWAMY RAJU (2-judge bench)
- Outcome
- Disposed off
- Case type
- Civil
- Acts & sections cited
- Constitution Article 226
Headnote
Recovery of Debts due to Banks and Financial Institutions Act, 1993- Sections 2(c), 18 and 31-0rder passed by Civil Court subsequent to passing C of the Act but before establishment of Tribunal under the Act-Held, within the jurisdiction of the Civil Court-Held, since the "appointed day" day of passing of the Act. Appellant company referred disputes in contracts entered into with D National Thermal Power Corporation (N.T.P.C.) to arbitration proceedings claiming Rs. 23 crores. Respondent-banks filed a suit before the Civil Court for recovery of Rs. 19 crores from the company and
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