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Jan 27 2009

Biswanath Shaw Vs. the Central Bank of India and ors.

Court : Kolkata

Decided on : Jan-27-2009

Subject : Banking

Acts : Securitisation and Reconstruction of Financial Asset and Enforcement of Security Interest Act, 2002; ;Contract Act, 1872 - Sections 9 and 10; ;Constitution of India - Articles 12 and 226; ;Security Interest (Enforcement) Rules, 2002 - Rules 8(6) and 9

Reported in : AIR2009Cal243

Sanjib Banerjee, J.1. The writ petitioner challenges the respondent bank's conduct in cancelling a tender and inviting further offers without reference to the petitioner who was the only eligible bidder following the initial invitation. The writ...

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