KUT ENERGY PVT.LTD v. THE AUTHORIZED OFFICER PUNJAB NATIONAL BANK, 2019 PLRonline 3022

SUPREME COURT OF INDIA Before : Justice Uday Umesh Lalit , Justice Vineet Saran M/S KUT ENERGY PVT.LTD v. THE AUTHORIZED OFFICER PUNJAB NATIONAL BANK C. A. No. 006016-006017 / 2019 20.08.2019 Banking – Deposit in terms of interim orders of court – Deposit of Rs. 40 crores made with the Registry of the High...

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Tags: 2019 PLRonline 3022, KUT ENERGY PVT.LTD v. THE AUTHORIZED OFFICER PUNJAB NATIONAL BANK

Tags: 2019 PLRonline 3022 KUT ENERGY PVT.LTD v. THE AUTHORIZED OFFICER PUNJAB NATIONAL BANK

KUT ENERGY PVT.LTD v. THE AUTHORIZED OFFICER PUNJAB NATIONAL BANK, 2019 PLRonline 3022

NDPS S. 2 (viia) read with the notification S.O. No. 1055 (E) dated 19/10/2001 , Section 37, 52A – “commercial quantity” – Weight Adjustment due to Drying – Weight recorded during inventory before the Magistrate considered – Bail Consideration for Multiple Accused. [PLRonline 413680]

[SC] CPC O. 7 R. 11 – Civil Procedure Code, 1908 – Order 7 Rule 11 – Assessment of Plaints – Court should not engage in assessing the correctness or merits of the plaint’s averments – Court made an error by partially rejecting the plaint . [PLRonline 416680]

[SC] Insurance – Surveyor’s report – Not relied – Reliance by surveyor on forensic report – Claim payable.

[SC] Insurance – Surveyor’s report, though important, is not absolute and not binding on the parties – It is not that sacrosanct that it cannot be departed from; it is not conclusive. [ PLRonline 368351]

IT Act S. 67(A) – Posted on Instagram 4-5 pictures of petitioner kissing the complainant on her cheek – Bail granted. [2022 PLRonline 0595]

NIA S. 118 – Unaccounted transactions – All promissory notes appear to have been executed on the same day – If these are unaccounted transactions they are illegal transactions for which no court can pass a decree. [PLRonline 213601]

CrPC S. 438 – extra-territorial anticipatory bail.

Insurance – Insurer assumes a fiduciary duty to act in good faith and honour their commitment. This responsibility becomes particularly pronounced when the insured, in their actions, have not been negligent. [SupremeCourtOnline 448604 ]

Criminal Procedure Code, 1973 Section 482 – Evidence Act, 1872 Section 27 – Expert report not produced – Mixing of petrol/diesel – Proceedings quashed. [SupremeCourtOnline 445604]

NIA S. 143-A (2) – Interim compensation – 20% is a maximum limit provided – Court is required to give reasons as to why, in a particular case, maximum limit of interim compensation provided in the Act is being awarded – Order imposing 20% set aside. [(2023-4)212 PLR 116]

OTS - Writ - High Court not to interfre in such matters

Banking – Deposit in terms of interim orders of court – Refund Of - Bank not entitled to the same

KUT ENERGY PVT.LTD v. THE AUTHORIZED OFFICER PUNJAB NATIONAL BANK, 2019 PLRonline 3022

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