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Supreme Court of India 2017-01-20 disposed

Canara Bank and anr vs Mew Suspension Pvt. Ltd. and ors

Bench: 2 — <UNKNOWN>, <UNKNOWN>

In Brief

Canara Bank challenged a High Court order requiring it to share its Loan Recovery Policy with a borrower and to consider a One Time Settlement proposal. The Supreme Court found the petition moot because the Bank had already accepted the borrower's settlement proposal. However, the Court left open for future litigation the key question of whether borrowers have a right to access a bank's policy documents. The petition was disposed of without resolving this substantive issue.

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