May 5, 2020
SARFEASI Act Applicable To Cooperative Banks : SC Constitution Bench
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Case Name: Pandurang Ganpati Chaugule vs. Vishwasrao Murgud Sahakaribank Limited Case Number: CIVIL APPEAL NO. 5674 OF 2009 The 5-judge bench comprising of comprising Justices Arun Mishra, Indira Banerjee, Vineet Saran, M R Shah and Aniruddha Bose unanimously held that the Parliament had the legislative competence to bring cooperative banks under the ambit of SARFAESI