https://www.taxtmi.com/caselaws?id=102521 The Delhi HC recorded a prima facie view that the Recovery of Debts Due to Banks and Financial Institutions Act, 1993 may be invalid as enacted, noting objections based on alleged discrimination, the absence of counter-claim and set-off before the Tribunal, and the impact of section 19 procedure on defence rights. To preserve the position while the writ petition remained pending, the Court granted interim protection and stayed the Act's operation in its applicability to the Union Territory of Delhi. en-us Mon, 25 Jul 1994 00:00:00 +0530 Wed, 15 Feb 2012 12:08:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=102521 The Delhi HC recorded a prima facie view that the Recovery of Debts Due to Banks and Financial Institutions Act, 1993 may be invalid as enacted, noting objections based on alleged discrimination, the absence of counter-claim and set-off before the Tribunal, and the impact of section 19 procedure on defence rights. To preserve the position while the writ petition remained pending, the Court granted interim protection and stayed the Act's operation in its applicability to the Union Territory of Delhi. Case-Laws Companies Law Mon, 25 Jul 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=102521