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  ||  Supreme Court: Chapter IV Offences under Drugs and Cosmetics Act Triable Only by Sessions Court  ||  Supreme Court: Homebuyer Cannot be Forced to Take Possession Without Occupancy Certificate  ||  SC: S.27 Indian Evidence Act Discovery is Formidable Link in Circumstantial Evidence Chain  ||  J&K&L High Court: Illegal Occupation of Shamilat Land Cannot Become Legal Right  ||  Bombay HC: Land Reservation Lapses if No Acquisition Within 24 Months of Purchase Notice  ||  Gujarat High Court: Conditional Sale Mortgage Differs From Sale with Repurchase  ||  Calcutta High Court: Transfer to Commercial Court No Bar to Counterclaim with Leave    

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