LANDMARK CASE

Mardia Chemicals v. Union of India

(2004) 4 SCC 311 · Supreme Court of India · Banking law

At a glance

Citation: (2004) 4 SCC 311
Court: Supreme Court of India
Area of law: Banking law
In one line: The Act was upheld, but the condition of depositing 75 percent of the claim to appeal was struck down.

1 Facts

SARFAESI Act provisions allowing banks to enforce security without courts were challenged.

2 Issue

Is the SARFAESI Act valid?

3 What the court decided

The Act was upheld, but the condition of depositing 75 percent of the claim to appeal was struck down.

4 Why it matters

Leading case on debt recovery.

5 Think about it

Why was the deposit condition unfair?

6 Analyse it yourself

Read the full judgment from an official source or a law database, then brief it in seven steps: facts, issues, arguments, decision, ratio, obiter and significance. Always check the citation before you rely on it.

All 366 landmark cases · Today's Case of the Day · Weekly quiz

← Marbury v. Madison Mary Roy v. State of Kerala →

A short teaching summary for students. Educational content only, not legal advice.