The Bombay High Court has set aside Bank of India’s classification of Jet Airways founder Naresh Goyal’s account as “fraud,” citing a violation of natural justice. The Court emphasized that Goyal was not given an opportunity to make a representation before the decision.
The Supreme Court condemned a bank’s recovery agent firm as a “group of goons” for not returning a vehicle seized from a man despite a one-time loan settlement. The court ordered the West Bengal Police to file a charge sheet against the company within two months and directed compensation be paid to the man. The recovery agent eventually returned the damaged vehicle.
The Supreme Court today directed the Maharashtra Government to transfer land to the Bombay High Court by September 7 for a new building. The court emphasized the project’s importance to avoid election-related delays. The state government committed to transferring the land by specified dates, and progress is being made to accommodate the high court’s facilities.
