BORROWERS MUST BE HEARD BEFORE THEIR ACCOUNTS ARE CLASSIFIED AS FRAUD: SUPREME COURT

BORROWERS MUST BE HEARD BEFORE THEIR ACCOUNTS ARE CLASSIFIED AS FRAUD: SUPREME COURT In a significant verdict, the Supreme Court on Monday held that borrowers must be heard before their accounts are classified as fraud. The Court held that the principles of “audi alteram partem” must be read into the Circular issued by the Reserve […]

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