Supreme Court · 2020 INSC 382 · Decided 5 May 2020
Pandurang Ganpati Chaugule v. Vishwasrao Patil Murgud Sahakari Bank Limited
- Court
- Supreme Court of India
- Citation
- 2020 INSC 382 · [2020] 5 S.C.R. 1038
- Case number
- CIVIL APPEAL No. 5674/2009
- Decided
- 5 May 2020
- Bench
- ARUN MISHRA, INDIRA BANERJEE, VINEET SARAN, M.R. SHAH, ANIRUDDHA BOSE (5-judge bench)
- Outcome
- Reference answered
- Case type
- Civil
- Acts & sections cited
- Constitution Article 366(29A); Transfer of Property Act; Companies Act; SARFAESI Act Section 2(1)(c), 13, 2(1)(c)(iva), 2(1)(d)
Headnote
Constitution of India - Seventh Schedule - List I, Entry 45; List II, Entry 32 - Power of the Parliament to legislate - Applicability of SARFAESI Act, 2002 to co-operative banks - Held: Co-operative State legislation and multi-State level co-operative societies registered under MSCS Act w.r.t 'banking' are governed by the legislation relatable to Entry 45, List I, Seventh Schedule - Co-operative banks run by co-operative societies registered under the State legislation
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