https://www.taxtmi.com/caselaws?id=259320 Under the securitisation recovery regime, a bank may publish the photographs of defaulting borrowers and their directors or guarantors if the measure is taken as part of authorised recovery action and there is no express statutory prohibition. The Bombay High Court noted that the borrowers had defaulted, notice under section 13(2) had been issued, and the bank had considered relevant material through a designated senior officer before deciding to publish. It treated publication of photographs as incidental and consequential to the recovery process, and not ultra vires merely because the Act and Rules do not expressly refer to photographs. The privacy-based challenge therefore failed on the facts. en-us Thu, 28 Nov 2013 00:00:00 +0530 Wed, 29 Apr 2015 11:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=259320 Under the securitisation recovery regime, a bank may publish the photographs of defaulting borrowers and their directors or guarantors if the measure is taken as part of authorised recovery action and there is no express statutory prohibition. The Bombay High Court noted that the borrowers had defaulted, notice under section 13(2) had been issued, and the bank had considered relevant material through a designated senior officer before deciding to publish. It treated publication of photographs as incidental and consequential to the recovery process, and not ultra vires merely because the Act and Rules do not expressly refer to photographs. The privacy-based challenge therefore failed on the facts. Case-Laws Indian Laws Thu, 28 Nov 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=259320