Recovery of Debts Due to Banks and Financial Institutions Act, 1993 – jurisdiction of a Civil Court to try a suit filed by a borrower against a Bank Not ousted by RDB Act – the proceedings under the RDB Act will not be impeded in any manner by filing of a separate suit before the Civil Court – there is no question of transfer of the suit whether by consent or otherwise to DRT
SUPREME COURT OF INDIA FULL BENCH BANK OF RAJASTHAN LIMITED — Appellant Vs. VCK SHARES & STOCK BROKING SERVICES LIMITED — Respondent ( Before : Sanjay Kishan Kaul, Abhay S.…