SC: Before Classifying A/Cs as Fraud, Banks Must Give Borrowers Opportunity of Hearing - 27.03.2023

Supreme Court has held that principles of audi alteram partem, howsoever short, have to be applied before declaring a party as 'a fraudulent borrower', or as 'a holder of fraudulent account'.

Tags : Supreme Court Audi Alteram Partem Fraud Bank

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