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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 directing it to furnish its Loan Recovery Policy to a borrower and to consider a One Time Settlement proposal. The Supreme Court found no live issue for adjudication because the Bank had accepted the borrower's settlement proposal. The Court disposed of the petition without deciding whether borrowers have a right to demand disclosure of the Bank's policy document, reserving that question for future determination in an appropriate case.

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Banking Law Loan Recovery Administrative Policy Special Leave Petition

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