Pre-Payment Charges Can't Be Imposed By Bank Without Giving Prior Information Of The Same: Orissa High Court
Jyoti Prakash Dutta
13 April 2022 12:33 PM IST

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13 April 2022 12:33 PM IST
The Orissa High Court has held that 'pre-payment charges' cannot be imposed by the banks without furnishing prior information about the same. While striking down such an imposition, a Single Judge Bench of Justice Arindam Sinha observed, "…there is also no evidence that the referred circular was disclosed as attachment to the sanction letter. In facts and circumstances above, Court...
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