BANKS CANNOT RETAIN MONEY & AUCTION PROPERTY AFTER CANCELLING ONE TIME SETTLEMENT
BANKS CANNOT RETAIN MONEY & AUCTION PROPERTY AFTER CANCELLING ONE TIME SETTLEMENT CEV TECHNO NEWS-(Bengaluru): If a bank cancels a one-time settlement (OTS), it cannot retain the amount paid under it and put the borrower’s property on sale as well, the high court observed recently while disapproving the action of a nationalised bank. Allowing […]
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