SITA RAM SINGHANIA vs BANK OF TOKYO-MITSUBISHI LTD. — SLP(C) No. 6759/1999

Case under Section XI. Status: Disposed.

Disposed

CNR: SCIN010073531999

Filing Date

01-May-1999

Registration No

SLP(C) No. 6759/1999

Diary Number

7353/1999

Order Date

11-May-1999

Document Type

Judgment - of Main Case

Disposal Type

Dismissed

Last updated 03-Jun-2026

Acts & Sections

Section XI

Petitioner(s)

  1. 1.SITA RAM SINGHANIA

    Adv. RAJEEV SHARMA (Dead / Retired / Elevated)

Respondent(s)

  1. 1.BANK OF TOKYO-MITSUBISHI LTD.

Case History

  1. Case disposedDisposed

  2. 11-May-1999

    Judgment - of Main CaseView PDF

  3. 01-May-1999

    Case filed

    Registration No. SLP(C) No. 6759/1999

View Full Judgment
casestatus.in Summary

The Supreme Court upheld the High Court's dismissal of Sita Ram Singhania's petition challenging the Debt Recovery Tribunal proceedings initiated by Bank of Tokyo-Mitsubishi Ltd. The Court held that High Courts should not routinely grant stay of DRT proceedings merely because the Tribunal's constitution is challenged, as this would defeat the Tribunal's purpose. Additionally, the Allahabad High Court lacked jurisdiction since the proceedings were initiated in Madhya Pradesh. This case analysis is maintained by casestatus.in based on publicly available court records.

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