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WP/11009/2006 of M/S. KAMALDEEP SYNTHETIC LTD vs INDUSTRIAL DEVELOPMENT BANK

Madras High CourtWP

About this record

The Madras High Court decided this matter on 8 September 2006. The registry identifies it as CNR HCMA011021952006. It was heard by Justice Honourable Mr Justice M.Thanikachalam.

The disposal recorded by the registry is "The court quashed the proceedings initiated under Section 13(4) of SARFAESI due to non-co…". The record refers to 2 enactments, among them Recovery of Debts Due to Banks and Financial Institutions Act, 1993 (Act 51 of 1993) and Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (Act 54 of 2002). 3 statutory provisions are noted on the record.

Court record

Court record details
CourtMadras High Court
Record typeWP
Case numberCNR HCMA011021952006
Date of decision
Decision year2006
BenchHONOURABLE MR JUSTICE M.THANIKACHALAM
PetitionerM/S. KAMALDEEP SYNTHETIC LTD.
RespondentINDUSTRIAL DEVELOPMENT BANK
DisposalThe court quashed the proceedings initiated under Section 13(4) of SARFAESI due to non-compliance with statutory requir…
Acts
Sections
  • Section 13 of SARFAESI Act
  • Section 13(2), 13(4), 17, 19, 34, 35, 36 of SARFAESI Act
  • Section 19(1) of Act 51 of 1993

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