Case Law Details
Case Name : Associate Lumbers Private Limited Vs State By Central Bureau of Investigation (Karnataka High Court)
Related Assessment Year :
Courts :
All High Courts Karnataka High Court
Become a Premium member to Download.
If you are already a Premium member, Login here to access.
Sponsored
Associate Lumbers Private Limited Vs State By Central Bureau of Investigation (Karnataka High Court)
Karnataka High Court held that once an account is declared to be a fraud, bank can initiate criminal proceedings even after initiation of proceedings under SARFAESI Act and having a recovery certificate
Facts-
On account of the account becoming a non-performing asset, the Bank took several actions against the petitioner/ Company by initia
Please become a Premium member. If you are already a Premium member, login here to access the full content.
Sponsored
Kindly Refer to
Privacy Policy &
Complete Terms of Use and Disclaimer.
Author Bio
