Borrower Has No Right To Be Represented By Lawyer Before In-House Committee Probing 'Wilful Default': SC [Read Judgment]

Ashok Kini

11 May 2019 9:12 AM IST

"The First Committee must give its order to the borrower as soon as it is made. The borrower can then represent against such order within a period of 15 days to the Review Committee"

The Supreme Court has observed that a borrower has no right to be represented by a lawyer before the In-House Committee of banks constituted for the purpose of determining whether he is a willful defaulter or not. The bench comprising Justice Rohinton Fali Nariman and Justice Vineet Saran set aside a Delhi High Court judgment that held that a lawyer has the right to represent his...

Borrower Has No Right To Be Represented By Lawyer Before In-House Committee Probing 'Wilful Default': SC [Read Judgment]

Ashok Kini

"The First Committee must give its order to the borrower as soon as it is made. The borrower can then represent against such order within a period of 15 days to the Review Committee"

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