Supreme Court · 2006 INSC 291 · Decided 5 May 2006
Standard Chartered Bank v. Andhra Bank Financial Services LTD. & Ors
- Court
- Supreme Court of India
- Citation
- 2006 INSC 291 · [2006] SUPP. 2 S.C.R. 1
- Case number
- CIVIL APPEAL No. 2275/2002
- Decided
- 5 May 2006
- Bench
- Y.K. SABHARWAL, B.N. SRIKRISHNA, P.P. NAOLEKAR (3-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Civil
- Acts & sections cited
- CPC Section 11; Transfer of Property Act Section 130to137; Companies Act Section 111; Specific Relief Act Section 34
Headnote
CHARTERED BANK v. ANDHRA BANK FINANCIAL SERVICES LTD. & ORS MAY 5, 2006 [Y.K. SABHARWAL, CJ.I., B.N. SRIKRISHNA AND P.P. NAOLEKAR, JJ.) Special Courts (Trial of Offences Relating to Transactions in Securities) Act, J992: Section JO. Securities-Andhra Bank Financial Services Ltd. a letter of allotment (LOA) confirming the allotment o/9% tax-free bonds of the nominal value of Rs. 50 crores (suit bonds)-On the same day ABFSL sold the suit bonds to the Standard Chartered Bank (SCB) and issued a Cost Memo-Against the receipt of the said Cost Memo SCB issued a Pay Order-ABFSL,
Judgments are the courts' own published copies, provided for study; they are not certified copies. Source: Indian Supreme Court & High Court Judgments, Dattam Labs (CC-BY-4.0)