In fact open competition in banks has resulted in NPA because loans are processed negligently on the basis of fabricated financial position given by borrowers. RBI & CAG must appoint auditors of banks & make strict norms for banking business.
The judgement requires to re-consideration as do no redress the high handedness of the Bank officials
you moved on the issue of striking down the relevant Act; that shows your intention is to allow your NPA to sustain, that is obvious error in advocacy, ie you moved with unclean hands.
you moved on the issue of striking down the relevant Act; that shows your intention is to allow your NPA to sustain, that is obvious error in advocacy, ie you moved with unclean hands.
when you move the court, you have to move on the basis of fairness whether deposit of 75% is viable when he could not meet the basic installment conditions? then court will sympathetically look into.
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