PUNJAB NATIONAL BANK vs K.R. STEEL UNION LTD. . — C.A. No. 7784/1997

Case under Section XVI. Status: Disposed.

Disposed

CNR: SCIN010175361997

Filing Date

14-Oct-1997

Registration No

C.A. No. 7784/1997

Diary Number

17536/1997

Order Date

17-Mar-2004

Document Type

ROP - of Main Case

Disposal Type

Dismissed

Last updated 10-Jun-2026

Acts & Sections

Section XVI

Petitioner(s)

  1. 1.PUNJAB NATIONAL BANK

    Adv. MANIK KARANJAWALA

Respondent(s)

  1. 1.K.R. STEEL UNION LTD. .

Case History

  1. Case disposedDisposed

  2. 17-Mar-2004

    ROP - of Main CaseView PDF

  3. 25-Feb-2004

    ROP - of Main CaseView PDF

  4. 14-Oct-1997

    Case filed

    Registration No. C.A. No. 7784/1997

casestatus.in Summary

Summary: Punjab National Bank v. K.R. Steel Union Ltd., C.A. No. 7784/1997 The Supreme Court allowed Punjab National Bank's appeal and set aside the Calcutta High Court's order initiating contempt proceedings against the bank's Chief General Manager. The Court held that the bank's filing of a suit to recover dues before Bombay High Court did not violate the interim order dated June 23, 1995, as the action was taken in good faith with approval of the Appellate Authority (BIFR). The transfer petition was dismissed as infructuous; no costs awarded. This case analysis is maintained by casestatus.in based on publicly available court records.

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