Tag: banking law
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Uttarakhand High Court Quashes Illegal Repossession, Orders Return of Financed Vehicle
The case highlights important principles on vehicle repossession due process Uttarakhand High Court ICICI Bank. The Uttarakhand High Court at Nainital quashed the repossession...
Supreme Court Holds Criminal Prosecution Following DRT-Recorded Loan Settlement an Abuse of Process
In a landmark judgment, the Supreme Court quashed a criminal prosecution initiated by the Central Bureau of Investigation (CBI) against a borrower after a...
Bombay High Court Quashes CBI FIR Against GTL Infrastructure In Bank Fraud Case
The Bombay High Court has quashed an FIR registered by the Central Bureau of Investigation against GTL Infrastructure Limited in a bank fraud case...
SC: Surety Not Liable for Excess Withdrawals After Loan Limit Change Without Consent
The Supreme Court has held that a guarantor cannot be held liable for amounts withdrawn by a borrower beyond the sanctioned loan limit when...
Delhi HC Quashes Cheating Case Against Central Bank Officers Over OTS Deposit Adjustment
OTS Failed Due to Borrower’s Default: High Court
The Delhi High Court has quashed criminal proceedings against Central Bank of India and its senior officers.The...
