Articles by Kapil Chandna

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Can there be a Look Out Notice/Circular against wilful defaulter in repayment of loan?

  Kapil Chandna    20 May 2021 at 09:23

Though the banks have the power to open look-out-notice/circular against wilful defaulter in repayment of loans, the applicant against whom the notice/circular has been issued has the right to approach the HC to get it quashed.