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Sanjay Kumar Sureka vs State Bank Of India And Ors on 11 March, 2024

Sanjay Kumar Sureka vs State Bank Of India And Ors on 11 March, 2024
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Banking Central | Wilful defaulters are nothing but financial criminals

These borrowers have gamed the system and for long, escaped the rule of law, using fraudulent tactics. The RBI proposed rules promise to plug the loopholes in the system ....

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Bombay High Court stays LOC against wilful defaulter, allows him to travel to USA to attend son's convocation

The Court ordered the Immigration Authorities at the Airport to permit the defaulter to board his flight, irrespective of whether the immigration system has been updated and or the respondent banks have informed them. ....

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