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Case Name : Bhaskar International Private Limited & Ors. Vs State Bank of India & Ors. (Supreme Court of India)
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Bhaskar International Private Limited & Ors. Vs State Bank of India & Ors. (Supreme Court of India) Big Borrowers Get Red Carpets, Small Borrowers Get Interrogation Rooms: SC Slams Casual Sanction of ₹8 Cr Loan After Borrower Defaults From Day One Corporate Crores Cleared Casually, Small Loans Scrutinised Ruthlessly: SC Pulls Up SBI In a significant observation on banking practices, the Supreme Court dismissed the SLP filed by borrower company M/s Bhaskar International Pvt. Ltd. against recovery proceedings initiated by SBI under the SARFAESI Act. The borrower had availed a loan of a...
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