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NCDRC held Kotak Mahindra Bank's deficiency in services for it's failure to issue a notice before recovering Customers Vehicle

Sher Singh Vs Kotak Mahindra Bank Ltd

2024-Nov-13

Sher Singh Vs Kotak Mahindra Bank Ltd

The Court observed that "nothing placed on record that any notice to complainant was ever given before repossessing the vehicle from him in Faridabad, or opportunity to him to arrange money to avoid that. The fact of seizing of vehicle in UP, itself speaks and bank has failed to explain it. The law is well settled by Supreme Court that even in case of loan default the owner of loan or bank has to resort to civil process and not to use force to possess the vehicle". 

 

Sher Singh Vs Kotak Mahindra Bank Ltd

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