SC Condemns Witch-Hunting, Says Superstition Continues to Override Constitutional Morality  ||  SC: Retired Judges Appointed to Central Industrial Tribunals Not Entitled to Pay Parity  ||  SC: Electricity Boards Liable for Electrocution Deaths under Strict, Not Absolute Liability  ||  Supreme Court Criticizes Courts For Conducting ‘Mini-Trials’ in Temporary Injunction Matters  ||  SC: Common Judgment in Suits by Same Plaintiff can be Challenged Through Composite Appeal  ||  Chandigarh Court Orders Meta to Take Down AI-Generated Video of Punjab MLA Sukhpal Khaira  ||  Delhi HC: Insolvency Professionals Must Collect & Deposit GST Even if they are Advocates  ||  Madras HC Rejects Election Petition Challenging Colachel MLA Tharahai Cuthbert  ||  Supreme Court: Uncrystallized Contractual Damages Not an Operational Debt under Section 9 IBC  ||  Supreme Court: Interest Accrued in Suspense Account After NPA Classification is Recoverable as Debt    

Calcutta HC: Banks Must Provide Forensic Audit Report Before Calling an Account Fraudulent - (11 Feb 2026)

BANKING

Calcutta HC held that a bank cannot classify a borrower’s account as “fraud” without first providing the forensic audit report and documents relied upon in the show-cause notice, emphasizing that principles of natural justice cannot be bypassed in the name of expediency under RBI guidelines.

Tags : BANKS   FORENSIC AUDIT REPORT   FRAUDULENT  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved