No personal oral hearing needed before labelling bank accounts as fraud: SC

The Supreme Court ruled that banks are not required to provide personal oral hearings before classifying accounts as fraudulent. However, banks must furnish customers with a forensic audit report prior to such classification. This decision acknowledges the infeasibility of individual hearings given the significant rise in bank fraud cases.

More From Author

No personal oral hearing needed before labelling bank accounts as fraud: SC

<div>Humour Or Dig? Chennai Clinic’s Trump-Themed Billboard Sparks Debate</div>

Leave a Reply