Today, On 22nd May, The Supreme Court has cancelled today’s sitting of the bench led by Justice Abhay S. Oka. As a result, no matters listed before Court No. 3 will be heard, and the schedule stands vacated for the day.
Bombay: The Bombay High Court asked the Reserve Bank of India (RBI) whether it plans to take action against banks that repeatedly classify a person’s loan account as fraudulent without first giving them a chance to explain their side. The court’s direction came while hearing a petition filed by industrialist Anil Ambani, whose loan account with Canara Bank was declared fraudulent without any hearing.
