Indian Economy·Key Judgments

Narasimham Committee Recommendations — Key Judgments

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Version 1Updated 7 Mar 2026

Key Judgments

Mardia Chemicals Ltd. vs. Union of India

2004

This landmark judgment by the Supreme Court of India upheld the constitutional validity of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security…

Central Bank of India vs. Ravindra and Ors.

2001

This Supreme Court judgment addressed the complex issue of interest rates on loans, particularly regarding the charging of compound interest and penal interest by banks. While not…

Union of India vs. Delhi High Court Bar Association

2002

This case dealt with the constitutional validity of the Recovery of Debts Due to Banks and Financial Institutions Act, 1993, which led to the establishment of Debt Recovery…

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