Supreme Court · 2020 INSC 72 · Decided 21 January 2020
Standard Chartered Bank v. Mstc Limited
- Court
- Supreme Court of India
- Citation
- 2020 INSC 72 · [2020] 2 S.C.R. 444
- Case number
- CIVIL APPEAL No. 501/2020
- Decided
- 21 January 2020
- Bench
- R.F. NARIMAN, V. RAMASUBRAMANIAN (2-judge bench)
- Outcome
- Appeal(s) allowed
- Case type
- Civil
- Acts & sections cited
- CPC Section 22(1); Limitation Act Section 5
Headnote
Recovery of Debts and Bankruptcy Act, 1993 - ss. 19, 20, 21 and 22 - Debts Recovery Tribunal (Procedure) Rules, 1993 - r.5A - Application for review - Appellant-Bank filed an application u/s. 19 of the RDB Act for recovery of a sum of Rs.191,03,54,070.96/- - An stating that given the admissions contained in the balance of the relevant years of the respondent- Company, a sum of Rs. 222,51,00,000/- was owed by the respondent - The said I.A. was allowed by DRT - The respondent filed an appeal against the said order before the DRAT -
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