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TOTTEMPUDI SALALITH vs STATE BANK OF INDIA

Supreme Court of IndiaJudgment

About this record

The Supreme Court of India decided this matter on 18 October 2023. Its neutral citation is 2023 INSC 923. The bench of 2 comprised Justice Aniruddha Bose and Justice Bela M. Trivedi.

The disposal recorded by the registry is "Appeal dismissed; insolvency proceedings upheld". The record refers to 5 enactments, among them Insolvency and Bankruptcy Code, 2016, Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 and Banking Regulation Act, 1949. 6 statutory provisions are noted on the record.

Court record

Court record details
CourtSupreme Court of India
Record typeJudgment
Neutral citation2023 INSC 923
Diary numberDiary No. 14951/2021
Date of decision
Decision year2023
Bench
  • HON'BLE MR. JUSTICE ANIRUDDHA BOSE
  • HON'BLE MS. JUSTICE BELA M. TRIVEDI
PetitionerTOTTEMPUDI SALALITH
RespondentSTATE BANK OF INDIA
DisposalAppeal dismissed; insolvency proceedings upheld
Reportingreportable
Acts
  • Insolvency and Bankruptcy Code, 2016
  • Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002
  • Banking Regulation Act, 1949
  • Limitation Act, 1963
  • Contract Act, 1872
Sections
  • Section 7 of the Insolvency and Bankruptcy Code, 2016
  • Section 13(2) of SARFAESI Act
  • Section 35AA of the Banking Regulation Act, 1949
  • Section 18 of the Limitation Act, 1963
  • Section 25(3) of the Contract Act, 1872
  • Section 19(22A) of the Recovery of Debts and Bankruptcy Act, 1993

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