https://www.taxtmi.com/caselaws?id=296055 A writ challenge to a bank's classification of an account as a wilful defaulter was not finally decided on merits; the court left that challenge open for consideration in proceedings conducted under the Master Circular. The bank was permitted to initiate fresh proceedings in accordance with law, so the classification issue could be examined within the prescribed framework rather than being conclusively interfered with in writ jurisdiction. en-us Mon, 05 Aug 2019 00:00:00 +0530 Fri, 02 Jul 2021 08:56:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=296055 A writ challenge to a bank's classification of an account as a wilful defaulter was not finally decided on merits; the court left that challenge open for consideration in proceedings conducted under the Master Circular. The bank was permitted to initiate fresh proceedings in accordance with law, so the classification issue could be examined within the prescribed framework rather than being conclusively interfered with in writ jurisdiction. Case-Laws Insolvency and Bankruptcy Mon, 05 Aug 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=296055