The Supreme Court has ruled that borrowers are not entitled to a personal hearing before banks classify their loan accounts as "fraud" under RBI directions, clarifying that a written response to a show-cause notice and access to the forensic audit report (with redactions) are sufficient for natural justice.
The Supreme Court's decision to allow borrowers a chance to be heard before their accounts are flagged as fraudulent by lenders is expected to result in several cases being reopened where the borrower is aggrieved because of such classification, bankers said. Still, the reopening of cases would not be automatic. A borrower who is aggrieved by the 'fraud' classification will have to approach the bank and consequently, the bank will take the necessary steps so that the apex court's order is followed in letter and spirit, they said.
The Delhi government moved a court on Wednesday seeking fresh date for the execution of four convicts in the 2012 Nirbhaya gang rape and murder case. Additional sessions judge Dharmendra Rana directed the convicts to file their response by Thursday.
The bench told the Centre that if visas of these foreign nationals are cancelled then the government should explain why they are still here in India but if their visas are not cancelled then it's a different situation.
The real battle for NEET abolition can take much more time and energy, observes N Sathiya Moorthy.
An adverse judgement could have triggered a political realignment in Tamil Nadu and brought the ruling party perilously close to losing its majority in the state assembly whose effective strength is 232. Two seats are vacant.
For 'a person who has dedicated his life to teaching students, guiding them to restoring monuments and preserving our built heritage, I never dreamt that my home will one day be demolished.'
