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IBA TPE Caution List Quashed as Title Verification Is Not Valuer’s Duty: Karnataka HC
Case Law Details
- Case Name
- H.T. Vasudev Vs State Bank of India (Karnataka High Court)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- All High Courts, Karnataka High Court
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H.T. Vasudev Vs State Bank of India (Karnataka High Court)
The Karnataka High Court decided two writ petitions filed by civil engineers who had been empanelled as approved property valuers by the State Bank of India. One petitioner had been empanelled in 1998 and the other in 2004, and both continued as approved valuers until 2018–19. After they submitted valuation reports for properties at the bank’s request, the bank issued show cause notices alleging professional misconduct on the ground that the borrowers had submitted forged property documents and that there were discrepancies in ...
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