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Deputy leader of the opposition Anisul Islam Mahmud, a lawmaker of main opposition Jatiyo Party, today in parliament demanded that the government stop the culture of loan default to save the country's economy.
Though there was no formal challenge to the OMs, the Court said that even without a formal challenge, the courts can refuse to take cognizance of such instruments when their “voidness is apparent on their face."
The complaint, filed by Karnataka State Cooperative Apex Bank manager Rajanna, accuses Jarkiholi of having fraudulent intentions and failing to repay a substantial loan obtained from the bank | Latest News India
India Business News: In a representation to the RBI earlier this month, lenders argued that penal interest rates contribute to better credit discipline. They also stated t