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    <title>2002 (1) TMI 1215 - HIGH COURT OF KERALA</title>
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    <description>Section 31 of the Recovery of Debts Due to Banks and Financial Institutions Act, 1993 was interpreted to mean that, in execution proceedings, jurisdiction may depend on the decree amount forming the basis of execution. Where the decree amount with interest exceeded the statutory threshold, the Debt Recovery Tribunal could entertain the execution application even though the original suit claim at institution was below that limit. On that construction, the contrary view was not followed, and the execution application was treated as within the Tribunal&#039;s jurisdiction.</description>
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    <pubDate>Fri, 18 Jan 2002 00:00:00 +0530</pubDate>
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      <link>https://www.taxtmi.com/caselaws?id=106608</link>
      <description>Section 31 of the Recovery of Debts Due to Banks and Financial Institutions Act, 1993 was interpreted to mean that, in execution proceedings, jurisdiction may depend on the decree amount forming the basis of execution. Where the decree amount with interest exceeded the statutory threshold, the Debt Recovery Tribunal could entertain the execution application even though the original suit claim at institution was below that limit. On that construction, the contrary view was not followed, and the execution application was treated as within the Tribunal&#039;s jurisdiction.</description>
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      <pubDate>Fri, 18 Jan 2002 00:00:00 +0530</pubDate>
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