Punjab And Sind Bank v. Surinder Kohli And Others
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41. In
! " ", due to conicting decisions of Benches comprising of two Judges, a reference Bench of this Court was called upon to decide whether the jurisdiction of the civil court is ousted as regards an independent suit against the Bank in the context of the provisions of the RDB Act, 1993, and whether such a suit can be transferred to the DRT with or without consent. This Court held:
(a) That civil court's jurisdiction to entertain the suit is not ousted.
(b) In the absence of any power, the independent suit cannot be transferred to the DRT.
(c) As there is no power, the transfer of the suit cannot be done with or without consent.
(d) That the barring of jurisdiction of the civil court is to be strictly interpreted and not to be readily inferred.
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