Supreme Court · 2002 INSC 574 · Decided 20 December 2002
M/S. Unique Butyle Tube Industries PVT. LTD. v. U.P. Financial Corporation and ORS.
- Court
- Supreme Court of India
- Citation
- 2002 INSC 574 · [2002] SUPP. 5 S.C.R. 666
- Case number
- CIVIL APPEAL No. 8624/2002
- Decided
- 20 December 2002
- Bench
- S.S.M. QUADRI, ARIJIT PASAYAT (2-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Civil
Headnote
Recovery of Debts due to Bank and Financial Institutions Act, I993- C Section 34(2)-Uttar Pradesh Public Monies (Recovery of Dues) Act, I972- Recovery proceedings by financial Corporation under U.P. Act in view of Section 34(2)-Maintainability of-lfeld, recovery proceedings under U.P Act is not overriding effect vis-ii-vis other statutes and proceedings under U.P. Act are not the exceptions to such overriding effect-Further the U.P. Act deals with separate modes of recovery D and such proceedings are not relatable to proceedings under the Financial Act. Interpretation
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)