The Supreme Court will review claims that AI-generated case laws were cited in pleadings, raising concerns about fabricated inputs. It cautioned that the appellant would be taken to task if the citations proved fictitious, echoing the opponent’s charge.
Vijay Mallya and UBHL director Daljit Mahal have moved the Karnataka High Court seeking detailed bank statements on recoveries made against their debts. The petition claims banks have already recovered far more than the Rs 6,200 crore directed by the DRT.
The Supreme Court has re-listed a case where it strongly criticised Justice Prashant Kumar of the Allahabad High Court for permitting criminal prosecution as a method to recover debts in what was a civil dispute.
The Kerala High Court ruled against the practice of publicly displaying defaulting borrowers’ photographs and details for loan recovery, citing violations of dignity and privacy under the Kerala Co-operative Societies Act. The court emphasized lawful alternatives for debt recovery exist, reinforcing borrowers’ rights under Article 21 of the Constitution of India.
The Supreme Court of India acknowledged that judges can make mistakes and emphasized the importance of correcting errors in past orders, even after a case is closed. This recognition arose while revisiting a previous decision involving Indiabulls Housing Finance, where the court had granted protection and stayed debt recovery and money laundering proceedings against the company and its officials.
