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Do we still need the 'wilful defaulter' framework?

Do we still need the 'wilful defaulter' framework?
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Supreme Court: Banks Must Provide Opportunity Of Hearing To Borrowers Before Classifying Their Accounts As Fraud

On March 27, 2023, the Supreme Court of India in the case of State Bank of India v. Rajesh Agarwal, has held that the principles of natural justice, particularly the rule of audi alteram partem,. | June 7, 2023 ....

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