banker's right of set off

when a bank can use right of set off? Can a banker use this right on CASH CREDIT account with available balance.

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Real Soul.... (LEGAL) 26 November 2019

If there is availble balance for cash cedit why shall the bank attach or sell the property against which facillity is availed. However there are rules for attaching and selling the liened property and banks issue notices providing oppurtunities and period of time to settle the accounts before making any move for selling the mortaged properties.