Banks playing both judge, executioner: Bombay HC on LOCs

Friday, 26 April 2024

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Bombay HC: PSBs had become Judge and executioner at once; the LOCs their strong-arm tactic to bypass law courts

Bombay HC quashes PSBs' LOCs against defaulters, citing violation of fundamental rights. Justice Patel criticizes banks for lack of fair hearing. HC questions...
IndiaTimes on April 26, 2024

Banks playing both judge, executioner: Bombay HC on LOCs

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Bombay HC: PSBs had become Judge and executioner at once; the LOCs their strong-arm tactic to bypass law courts