Supreme Court · 2006 INSC 268 · Decided 28 April 2006
Icici Bank LTD. v. Sidco Leathers LTD. and ORS.
- Court
- Supreme Court of India
- Citation
- 2006 INSC 268 · [2006] SUPP. 1 S.C.R. 528
- Case number
- CIVIL APPEAL No. 2332/2006
- Decided
- 28 April 2006
- Bench
- S.B. SINHA, P.K. BALASUBRAMANYAN (2-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Civil
- Acts & sections cited
- Transfer of Property Act Section 48; Companies Act Section 529, 529A, 446
Headnote
BANK LTD. v. SIDCO LEATHERS LTD. AND ORS. APRIL 28, 2006 [S.B. SINHA AND P.K. BALASUBRAMANY AN, JJ .] Companies Act, 1956; Sections 529 and 529A-Provincial Insolvency Act, 1920; Section 47-Transfer of Property Act, 1882; Section 48-Company C created first charge and second charge over its filed a suit for recovery before Debt Recovery Tribunal which is pending-Second charge holder filed a suit before trial court which was decreed-First charge holder lodged a claim before the Official liquidator D and filed an application before the Company Court for recovery of amount­ Company
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