State Bank of India, Kurnool Branch v. M/s Tungabhadra Industries Limited
Case brief
What is this about?
The High Court disposed of two Company Applications concerning land possession between Tungabhadra Industries' liquidation, Mallika Constructions, Gayatri Estates, and State Bank of India. Following a survey report confirming land extents, the court allowed applicants to possess confirmed areas without objection from respondents.
What did the court decide?
The applicants in Company Application No.375 of 2005 were allowed to exercise rights of ownership and possession over the extent of 9.47 acres confirmed by the survey report. Both applications were di