Supreme Court · 2007 INSC 296 · Decided 15 March 2007

M/S. Durga Hotel Complex v. Reserve Bank of India and ORS.

Court: Supreme Court of India
Citation: 2007 INSC 296 · [2007] 3 S.C.R. 1074
Case number: CIVIL APPEAL No. 1389/2007
Decided: 15 March 2007
Bench: H.K. SEMA, P.K. BALASUBRAMANYAN (2-judge bench)
Outcome: Dismissed
Case type: Civil

Headnote

HOTEL COMPLEX v. RESERVE BANK OF INDIA AND ORS. MARCH 15, 2007 B [H.K. SEMA AND P.K. BALASUBRAMANY AN, JJ.) Banking Ombudsman Scheme, 1995: Clauses 13 and 16-Jurisdiction of the Banking Ombudsman-Scope C of-Complaint filed before the Banking Ombudsman-Subsequent filing of the claim by Bank Is D limited-He has no authority to compel the Bank to make further advances He cannot interfere with agreement regarding repayment schedule fixed by parties or financing ratio that may be maintained between Bank and borrower or direct increase of period of moratorium or fix a schedule of

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