https://www.taxtmi.com/caselaws?id=170907 A civil plaint challenging recovery proceedings under the Recovery of Debts Due to Banks and Financial Institutions Act cannot escape the statutory jurisdiction bar on vague allegations of fraud or collusion; specific material facts and particulars are required to show a genuine cause of action. Where the pleadings are inconsistent with earlier admissions, suppress prior proceedings, and assert belated knowledge despite earlier writ petitions, the suit may be treated as time-barred and an abuse of process. The text states that such deficient pleadings justify rejection of the plaint under Order VII Rule 11 and do not affect the banks' recovery proceedings. en-us Tue, 02 Mar 2010 00:00:00 +0530 Mon, 29 Jun 2015 11:19:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=170907 A civil plaint challenging recovery proceedings under the Recovery of Debts Due to Banks and Financial Institutions Act cannot escape the statutory jurisdiction bar on vague allegations of fraud or collusion; specific material facts and particulars are required to show a genuine cause of action. Where the pleadings are inconsistent with earlier admissions, suppress prior proceedings, and assert belated knowledge despite earlier writ petitions, the suit may be treated as time-barred and an abuse of process. The text states that such deficient pleadings justify rejection of the plaint under Order VII Rule 11 and do not affect the banks' recovery proceedings. Case-Laws Companies Law Tue, 02 Mar 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=170907