Supreme Court · 2008 INSC 1418 · Decided 11 December 2008
Karnataka State Industrial Investment & Development Corporation LTD. v. S.K.K. Kulkarni & ORS.
- Court
- Supreme Court of India
- Citation
- 2008 INSC 1418 · [2008] 17 S.C.R. 339
- Case number
- CIVIL APPEAL No. 7288/2008
- Decided
- 11 December 2008
- Bench
- S.H. KAPADIA, AFTAB ALAM (2-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
- Acts & sections cited
- Transfer of Property Act Section 69; Companies Act
Headnote
STATE FINANCIAL CORPORATION ACT, 1951: B ss. 31 (1 )(aa) and 32 - Special provisions for enforcement C of claims of Financial Corporation - Territorial jurisdiction - Industrial concern located within jurisdiction of District Judge, Belgaum - Property of the concern sold uls 29 - Sale proceeds being less than the amount due, Corporation filing application u/s 31(1) before Civil Judge, o Bangalore for enforcement of surety- High Court holding that Bangalore Court had no territorial jurisdiction to entertain the application - HELD: Right of a State Financial
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)