Jain Cooperative Bank Ltd. v. Avtar Kishan Kaul & Anr.
Case brief
What is this about?
RC.REV. 150/2026, Jain Cooperative Bank Ltd. v. Avtar Kishan Kaul & Anr., Delhi High Court, 21.07.2026, Harish Vaidyanathan Shankar, J. Revision under proviso to Section 25B(8) DRC Act against ARC judgment dated 10.02.2026 in RC ARC 61/2019. Scope of revisional jurisdiction: supervisory, not appellate; no fresh appreciation of evidence; interference only for jurisdictional error, manifest illegality, material irregularity, perversity or error apparent on the face of the record. Board Resolution dated 06.10.2018 authorising CEO Upender Garg to represent the Bank; Resolution not exhibited during PE but admittedly on record (filed with Authorisation Letter dated 04.01.2019); incomplete consideration of Resolution = material irregularity; Impugned Judgment set aside and matter remanded for fresh consideration; parties to appear 07.08.2026; no opinion on merits. Precedents relied on: Sarla Ahuja v. United India Insurance Co. Ltd. (1998) 8 SCC 119; Hindustan Petroleum Corporation Ltd. v. Dilbahar Singh (2014) 9 SCC 78; Abid-Ul-Islam v. Inder Sain Dua (2022) 6 SCC 30; Pankaj Pahwa v. Prem Wati 2024:DHC:9322; Sanjeev Hiranandani v. Sunny Grover 2025:DHC:11285.