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<h1>Delhi HC Grants Exemption, Stays 'Fraud' Classification of Petitioner's Account Pending Further Hearings.</h1> <h3>Ratnakar Gutte Versus UCO Bank & Ors.</h3> The HC of Delhi granted the exemption application and concluded the related proceedings. In a separate issue, the court issued a notice concerning the ... Volation of principles of natural justice - petitioner was never heard before declaring the account of the petitioner as a ‘fraud’ - HELD THAT:- Issue notice. On the petitioner taking steps, notice be issued to respondent no. 3 by all permissible modes, returnable on 18th October, 2023. The High Court of Delhi allowed the exemption application and disposed of it. In another matter, the court issued notice regarding the declaration of the petitioner's account as 'fraud', with a stay on the decision pending further hearing.