Supreme Court clarifies limitation for counterclaims in banking disputes: Topline Shoes vs. Punjab National Bank (2022)

/ B.R. Gavai, Banking Disputes, Banking Law, Debt Recovery, Judges, Limitation Act, 1963, Limitation Act, 1963 with Article 113, Limitation Act, 1963 with Article 22, Pamidighantam Sri Narasimha

Supreme Court clarifies limitation for counterclaims in banking disputes: Topline Shoes vs. Punjab National Bank (2022) LEGAL ISSUE: Determining the applicable limitation period for a counterclaim against a bank regarding funds withheld from a current account. CASE TYPE: Banking/Debt Recovery Case Name: Topline Shoes Limited & Another vs. Punjab National Bank Judgment Date: July 20, […]

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