2020-TIOLCORP-16-SC-MISC-CB
Pandurang Ganpati Chaugule Vs Vishwasrao Patil Murgud Sahakari Bank Ltd
Whether SARFAESI Act applies to co-operative banks - YES : SC
Whether cooperative banks under State legislation and multi State cooperative banks are banks u/s 2(1)(c) of SARFAESI Act - YES : SC
Whether insertion of sec 2(1)(c)(iva) to SARFAESI Act and adding 'mutli-state cooperative bank' amounts to 'colorable exercise of power' - NO : SC
Whether Parliament has legislative competence and power to bring cooperative banks under the scope of SARFAESI Act - YES : SC
- Directions issued: SUPREME COURT OF INDIA
2020-TIOLCORP-58-HC-MUM-MISC
Aero Club Vs Solar Creations Pvt Ltd
Whether partial final award sub-sumed in expression "arbitral award" u/s 2(1)(c) so as to attract bar of limitation contained u/s 34(3) - YES : HC
- Case dismissed: BOMBAY HIGH COURT
