Cooperative bank

Y Singh N Rajput (Querist) 21 November 2014 This query is : Resolved
A co-operative bank served notice under securitisation act. Subsequently the bank took possession of the assets of the pvt ltd company. Bank sold the assets and realized their dues. Bank issued a no dues certificate. But the bank did not give the accounts statement as they realized more money than their dues. Writing letters to bank is not replied.

Please tell me remedy of this matter. Whether a criminal case can be filed against the bank or there is civil remedy. Can one approach High Court?

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Devajyoti Barman (Expert) 21 November 2014
Yes, you can file a writ petition in high court.

ajay sethi (Expert) 21 November 2014
file writ petition in HC

Rajendra K Goyal (Expert) 21 November 2014
Can one approach High Court?

Ans: yes , he can.

Isaac Gabriel (Expert) 21 November 2014
Collect the details of the transaction through RTI and take decision.

Y Singh N Rajput (Querist) 22 November 2014
Because of Gujarat High Court stay order the Co-operative banks are not a pubic authority. I through Registrar Of Cooperative tried. The reply is misleading/improper. A writ in High Court appears to be a better solution.