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SC Slams Casual Sanction of ₹8 Cr Loan After Borrower Defaults From Day One
Case Law Details
- Case Name
- Bhaskar International Private Limited & Ors. Vs State Bank of India & Ors. (Supreme Court of India)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- 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 av...
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