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    <title>2008 (5) TMI 707 - Supreme Court</title>
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    <description>Judicial observations made during a pending criminal investigation were left undisturbed because the court had already clarified that they would not prejudice the investigation or be relied on against the bank or its employees. The request to expunge the remarks was therefore refused, while the investigation was directed to proceed independently. The document also reiterates that loan recovery and vehicle repossession must be carried out only through lawful, fair and non-harassing methods under the SARFAESI framework, the Security Interest (Enforcement) Rules, RBI guidelines and the bank&#039;s code of conduct. Banks remain responsible for the conduct of recovery agents engaged by them.</description>
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    <pubDate>Thu, 15 May 2008 00:00:00 +0530</pubDate>
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      <title>2008 (5) TMI 707 - Supreme Court</title>
      <link>https://www.taxtmi.com/caselaws?id=198317</link>
      <description>Judicial observations made during a pending criminal investigation were left undisturbed because the court had already clarified that they would not prejudice the investigation or be relied on against the bank or its employees. The request to expunge the remarks was therefore refused, while the investigation was directed to proceed independently. The document also reiterates that loan recovery and vehicle repossession must be carried out only through lawful, fair and non-harassing methods under the SARFAESI framework, the Security Interest (Enforcement) Rules, RBI guidelines and the bank&#039;s code of conduct. Banks remain responsible for the conduct of recovery agents engaged by them.</description>
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      <pubDate>Thu, 15 May 2008 00:00:00 +0530</pubDate>
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