Legal Question in Banking Law in India
can a bank sign of 10lakh of rupees as arrears when the money was held by the court for a DRT case
Asked on 2/12/14, 1:48 am
3 Answers from Attorneys
AMAN SHARMA
SHUBH C SHARMA and company
Kindly explain your query. It is not clear
Answered on 2/12/14, 2:04 am
Fca Prashant Chavan
Expert Edge LLP
12.02.2014
Dear Sir / Madam,
At the outset, the bank cannot sign off any amount which is subjudice and is pending in the Court.
Regards,
Answered on 2/12/14, 7:04 am
Fca Prashant Chavan
Expert Edge LLP
12.02.2014
Prima facie, the bank cannot sign off any amount which is subjudice and is pending in the Court.
Answered on 2/12/14, 7:06 am
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