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Supreme Court of India

M/S PACKRAFT (INDIA) PVT. LTD. THROUGH ITS DIRECTOR V.S. MANN versus U.P.F.C. THROUGH ITS M.D., R.M. SETHI AND ORS.

Decided
13 November 1995
Judges listed
K. RAMASWAMY, B.L. HANSARIA (as the open data lists them; this may not name the whole bench)
Disposal
Dismissed

Citations

Official
[1995] SUPP. 5 S.C.R. 179 · 1995 INSC 726

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The Court's text

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Unnumbered paragraph

This Court in Mahesh Chandra v. UPFC, (1993] 2 SCC 279 has laid down the law as to how the properties of a defaulter are to be brought to sale by financial corporations. The petitioner contends that in spite of specific guidelines laid down therein, the property of the petitioner had not been sold consistent with those guidelines. Therefore, it amounts to wilful disobedience of the law laid down by this Court. Thereby, the respondents rendered themselves liable for conviction for contempt of this Court. We are afraid that we cannot accede to the contention.

p. 180, margin A

Unnumbered paragraph

The law laid down by this Court in Mahesh Chandra's case (supra) is the law under Article 141. It is needless to say that everyone is bound by the law. But, if there is any infraction of the action in violation of the law laid down by this Court, appropriate remedy is to have it corrected by a judicial review but not by way of contempt proceedings in this Court.

p. 180, margin C

Unnumbered paragraph

Under these circumstances, we cannot accede to the request made by the petitioner to issue notice to them and to convict the respondents for contempt. However, it would be open to the petitioner to seek appropriate remedy according to law.

p. 180, margin C

Unnumbered paragraph

The contempt petition is accordingly dismissed. T.N.A. Petition dismissed.

p. 180, margin D