Supreme Court · 2001 INSC 360 · Decided 13 August 2001
Punjab National Bank v. O.C. Krishnan and ORS.
- Court
- Supreme Court of India
- Citation
- 2001 INSC 360 · [2001] SUPP. 1 S.C.R. 466
- Case number
- CIVIL APPEAL No. 5287/2001
- Decided
- 13 August 2001
- Bench
- B.N. KIRPAL, N. SANTOSH HEGDE (2-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Civil
- Acts & sections cited
- Constitution Article 226, 227
Headnote
Constitution of India, 1950 : Articles 226 and 227-0rder of Debt Recovery Tribunal-Remedy of C appeal available u/s 20 of Recovery of Debts Due to Banks and Financial Institutions Act, I993-Exercise of jurisdiction by High Court under Articles 2261227.~Decree passed by Debt Recovery and mortgaged property-Order challenged by i;uarantor whose property was mortgaged before High Court under Article 227-High Court D allowing the petition-Held, order of Tribunal was appea/able u/s. 20--High Court ought not to have exercised jurisdiction under Article 227-The Act has been
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