Supreme Court of India
Manager, Icici Bank Ltd. v. Prakash Kaur and Ors.
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1 Supreme Court bench has cited this judgment.
From the headnote
Banks/Banking: Recovery agents-Hiring of-For recovery of loan/possession of c vehicle-Held: (Altamas Kabir, J) : Practice of hiring recovery agents/ musclemen, deprecated--Banks must resort to procedure recognized by law to take possession of vehicles where borrower defaults in payment of instalments instead of taking resort to strong arm tactics-Held: (Dr. AR Lnkshmanan, J): Suggestions to Banks not to resort to goondas to take possession of vehicle by force-Disputes between customers and Banks- Suggested to be referred to Lok Adalats. The respondent had obtained loan from ICICI Bank for
Where later benches applied it
Of those, 1 distinguished
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