Supreme Court · 1978 INSC 146 · Decided 29 August 1978
Gujarat State Financial Corporation v. M/S. Natson Manufacturing CO. (P) LTD. & ORS.
- Court
- Supreme Court of India
- Citation
- 1978 INSC 146 · [1979] 1 S.C.R. 372
- Case number
- CIVIL APPEAL No. 1553/1977
- Decided
- 29 August 1978
- Bench
- V.R. KRISHNA IYER, D.A. DESAI, O. CHINNAPPA REDDY (3-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Civil
Headnote
State Financial Corporations Act (Act LXIll), 1951-Nature of proceedings under Sections 31 and 32-Court Fee payable on an application that may Oe made under Section 31(1) of the Act-Whether governed by Article 1 or 7 of Schedule I or by Article l(c) of Schedule fl of Bombay The appellant Corpora·tion, \vhich grants or guarantees the loan to be raised by industrial concerns either from the scheduled banks or state Cooperative Bfuks or those floated in public market, is entitled to make, for one or more of the reliefs set out in Section 31(1) of the State
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