SEETHABAI R. KULKARNI vs STATE BANK OF INDIA . — C.A. No. 2751/2000

Summary: Seethabai R. Kulkarni v. State Bank of India (C.A. No. 2751/2000) On 27 January 2003, the Supreme Court allowed the appellant to take possession of seized goods held by State Bank of India in 25% instalments to convert them into finished products and sell them, with sale proceeds deposited toward the bank debt. The court directed SBI's Hubli Branch to release the first 25% instalment within two weeks, requiring minimum deposits of Rs. 2.5 lakhs within four months; subsequent instalments would be released upon meeting deposit conditions until full liability discharge. Any remaining goods would be returned to the appellant thereafter. This case analysis is maintained by casestatus.in based on publicly available court records.