Supreme Court · 2025 INSC 908 · Decided 28 July 2025

Shri Shri Swami Samarth Construction & Finance Solution & Anr v. The Board of Directors of Nkgsb CO-OP. Bank LTD. & ORS.

Court
Supreme Court of India
Citation
2025 INSC 908 · [2025] 7 S.C.R. 1851
Case number
WRIT PETITION (CIVIL) No. 684/2025
Decided
28 July 2025
Bench
DIPANKAR DATTA, AUGUSTINE GEORGE MASIH (2-judge bench)
Outcome
Dismissed
Case type
Writ / Constitutional
Acts & sections cited
Constitution Article 32; SARFAESI Act Section 13(2), 14

Headnote

Lending banks/secured creditors, if under an obligation, in terms of the notification dated 29.05.2015 containing the "Framework For Revival And Rehabilitation Of Micro, Small And to identify "incipient stress" in the loan account of the MSMEs prior to classifying the loan account as NPA. Micro, Small and Medium Enterprises Development Act, 2006 - Securitisation and Reconstruction of Financial Assets and Enforcement of Security

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