T.R.Radhakrishnan (Self employed) 09 October 2009
If the loan application is not signed by the prospective borrower and the bank sacntions a loan inspite of the defect in the application, can the loan be consisdered as an unsolicited loan and if so whether the bank can proced against the so called borrower to recover the money?
Sachin Bhatia (Advocate) 09 October 2009
Bank can proceed to recover the loan amount....
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