DELHI FIN.CORPN. vs RAJIV ANAND — C.A. No. 4014 - 4017/1998

Summary of Delhi Finance Corporation v. Rajiv Anand (C.A. No. 004014-004017/1998) On March 24, 2004, the Supreme Court partly allowed Delhi Finance Corporation's appeals while dismissing the parallel Punjab & Haryana appeal. The Court upheld that Managing Directors of Financial Corporations can lawfully be appointed as authorities under Section 32-G of the State Financial Corporations Act, 1951 for debt recovery, rejecting the "no man can be judge in his own cause" doctrine. The Court affirmed that Section 32-G applies to both principal debtors and sureties, and requires only arithmetical calculation, not judicial adjudication. No order as to costs was made. This case analysis is maintained by casestatus.in based on publicly available court records.