Upgrad
LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Mohan Mandelia (Director)     31 May 2014

OBC bank falsely fraudently obtain defree.

OBC bank naya bazzar Gwalior former chief manager Trilok Singh filled OA before Drt support with affidavit for claiming x amount suppressed OTS which he had already signed and in compliance of OTS he recd Y and Z amount.This OTS were niether reject nor terminated without cause of action he filled OA .After that borrower and guarantor also deposited Rs 19 lac and bank released one subject property I.e.one flat.Borrower appointed an advocate to file WS but he was managed and not file WS so the right of WS has been closed.Borrower file complain for misconduct of advocate in profession in state bar council m.p.Other hand during final argument of the case bank state that what ever X amount claim was filled is still remain and issue recovery certificate of total amount.so DRT issued recovery certificate if entire amount including the property which bank released six month before.Now the act of bank comes under prevential of corruption act 1988 can I filled complain in CBI and perjury in concerning court.Both complain can be maintainable.


Learning

 1 Replies

adv.raghavan (Advocate,9444674980)     31 May 2014

These grounds are not valid to initiate case under Prevention of corruption act, you can move high court of MP and contest the order of the tribunal, claiming it as fraudulent one.

Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register