Supreme Court · 2014 INSC 964 · Decided 23 April 2014
Metro Exporters PVT. LTD. and Another v. State Bank of India & ORS.
- Court
- Supreme Court of India
- Citation
- 2014 INSC 964 · [2014] 9 S.C.R. 64
- Case number
- CIVIL APPEAL No. 4807/2014
- Decided
- 23 April 2014
- Bench
- K.S. RADHAKRISHNAN, VIKRAMAJIT SEN (2-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Civil
- Acts & sections cited
- Contract Act Section 72
Headnote
9 S.C.R. 64 METRO EXPORTERS PVT. LTD. AND ANOTHER V. STATE BANK OF INDIA & ORS. (Civil Appeal No. 4807 of 2014) APRIL 23, 2014 [K.S. RADHAKRISHNAN AND VIKRAMAJIT SEN, JJ.) Bank/Banking - International Banking - Transfer of funds relating to export-import transaction - Reversal of account C and it was for the bank to claim payment - Credit entry made to appellant-exporter's EEFC account in 2006 - Two D and half years later, the State Bank of India, Overseas Branch, Mumbai debited amount from EEFC account of appel/ant­ exporter on ground that it was wrongly deposited in the
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