STATE BANK OF INDIA vs PONNY SUGAR & CHEMICALS LTD. . — C.A. No. 8525/2001

Case Summary On 14 December 2001, the Supreme Court heard State Bank of India's Special Leave to Appeal against the Debt Recovery Appellate Tribunal's interim orders in its dispute with Ponny Sugar & Chemicals Ltd. The Court granted special leave, allowed the appeal, and set aside the appellate tribunal's impugned orders, holding that the Debt Recovery Tribunal was the appropriate authority to pass interim orders and dispose of the main case. The Debt Recovery Tribunal was directed to dispose of the Original Application within six months from the hearing date. This case analysis is maintained by casestatus.in based on publicly available court records.