Supreme Court Directs Bank To Reconsider Its Decision Declaring Borrowers Wilful Defaulters After OTS

The Supreme Court recently directed a bank to reconsider its decision to declare the petitioners (borrowers) as wilful defaulters as the bank later entered into a One Time Settlement (OTS) with the borrowers. The court also granted liberty to borrowers to avail legal remedies if the bank’s decision is unfavourable to them. In the instant

To Read More Please Subscribe to VIP Membership for Unlimited Access to All the Articles, Download Available Copies of Judgments/Order, Acess to Central/State Bare Acts, Advertisement Free Content, Access to More than 4000 Legal Drafts( Readymade Editable Formats of Suits, Petitions, Writs, Legal Notices, Divorce Petitions, 138 Notices, Bail Applications etc.) in Hindi and English.

Click to Subscribe

If you are already a VIP Member, Click to Login Now

READ ALSO  SC Tags Plea Challenging Validity of Triple Talaq Law With Pending Petitions
Ad 20- WhatsApp Banner

Related Articles

Latest Articles