Case Note & Summary
The dispute involved Canara Bank as the petitioner against Mangesh Sitaram Chandekar and another respondent. The Supreme Court addressed an appeal concerning the award issued by the Ombudsman for Maharashtra and Goa dated 10.03.1997. The petitioner sought to implead the Reserve Bank of India as a party respondent, which was allowed by the court. The court noted that the appeal was based on identical questions of fact and law as a previous case involving Canara Bank. Consequently, the court allowed the appeal, set aside the Ombudsman's award, and remanded the matter for fresh disposal on merits, directing the Ombudsman to consider the observations made in the earlier case. The court did not impose any costs.
Headnote
A) Banking Law - Ombudsman Award - Setting Aside of Award - Not mentioned - The Supreme Court set aside the Ombudsman's award and remanded the matter for fresh disposal on merits, referencing an earlier case with identical questions of fact and law. Held that the appeal succeeded based on the reasons recorded in the previous case (Paras Not mentioned).
Issue of Consideration
Whether the appeal against the Ombudsman's award should be allowed.
Final Decision
The Supreme Court allowed the appeal, set aside the Ombudsman's award, and remanded the matter for fresh disposal on merits.
Law Points
- Impleadment
- Appeal
- Ombudsman
- Banking Law
