Siddanagouda Patil 18 December 2020
Pradipta Nath (Advocate) 18 December 2020
Bank can file the case.
Siddanagouda Patil 18 December 2020
Sir,please inbox me if there is any ruling of SC or Karnataka high court. I have to produce the same in argument.
G.L.N. Prasad (Retired employee.) 19 December 2020
When the bank is itself a payee, and there is no such bar legally, and when the procedure is being adopted in hundreds of cases every day, no such citation is necessary. There is no such judgment so far that bars the bank alone against filing such complaints. Contact any local bank that is engaged in financing consumable durables or credit cards.
P. Venu (Advocate) 19 December 2020
Yes, it is a well settled issue. A settled issue does not require any citation in support!
Dr J C Vashista (Advocate) 21 December 2020
There is no bar / restriction on Cooperative Bank for initiation of complaint u/s 138 of the NI Act.
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