Supreme Court: Landowners Are Not Liable For Delays Caused by Developers  ||  Supreme Court: Illegality in a Search Does Not Invalidate the Evidence Collected  ||  Supreme Court: Insurer Not Liable For Penalty on Employer Over Delayed Compensation  ||  Karnataka High Court: No Corruption Case Without Proof Of Bribe Demand Or Acceptance  ||  Allahabad HC: Right To Choose Partner is Constitutional; UP Law Doesn't Bar Interfaith Unions  ||  J&K & L High Court: Fair Compensation to Land Losers Must Reflect Road Access And Location Benefits  ||  P&H HC: Full-Time Law Officers Aren’t Contractual and Are Entitled to Medical Benefits and Leaves  ||  MP HC: Wife’s Convenience Not Paramount; VC Facility or Commute Compensation Allowed  ||  Kerala HC: Labour Court Can Extend Time to Comply With Award Even After Enforceability under ID Act  ||  SC: Drafting Confusing Arbitration Clauses Causing Unnecessary Litigation is Professional Misconduct    

Del. HC: Lookout Circular Can’t be Used by Bank as an Arm-Twisting Tactic to Recover Debt - (31 May 2024)

BANKING

Delhi High Court has opined that after resorting to all remedies available in law, the bank cannot open a lookout circular as an arm-twisting tactic to recover debt from a person who is otherwise unable to pay, more so when there are no allegations that he was engaged in any fraud.

Tags : DELHI HIGH COURT   LOOKOUT CIRCULAR   RECOVER DEBT  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved