Supreme Court · 2006 INSC 316 · Decided 11 May 2006
Salim Akbarali Nanji v. Union of India and ORS.
- Court
- Supreme Court of India
- Citation
- 2006 INSC 316 · [2006] SUPP. 2 S.C.R. 306
- Case number
- CIVIL APPEAL No. 6715/2004
- Decided
- 11 May 2006
- Bench
- B.P. SINGH, ALTAMAS KABIR (2-judge bench)
- Outcome
- Dismissed
- Case type
- Civil
Headnote
Recovery of Debts Due to Banks Act, 1993. Sections 19 & JI-A. Bad debts·--Writing-ojf--Non performing assets-Approval by Reserve Bank of India- Va/iditv of-Development Credit Bank mude a request to the C Reserve Bunk of India to grant permission and allow the Bank to write-off from its 120 crores- -ft was stated that the Brink had taken necessary steps to recover the dues and would continue to take fo//ow­ up action--Reserve Bank of India granted approval tu write-off the debts D E against "Revenue & Other Reserves "--The principle shareholders of the Bank also
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