https://www.taxtmi.com/caselaws?id=298354 The High Court dismissed the writ petition challenging the classification of the appellant's account as a Non-Performing Asset (NPA) and the refusal of the respondent bank to issue a Solvency Certificate. The court held that a writ petition is not maintainable against a private bank as it does not perform a public duty. The court emphasized that the bank's activities are commercial in nature and do not constitute a public function. The appellant was advised to seek redressal through other appropriate forums. en-us Tue, 11 Aug 2020 00:00:00 +0530 Thu, 28 Oct 2021 08:38:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=298354 The High Court dismissed the writ petition challenging the classification of the appellant's account as a Non-Performing Asset (NPA) and the refusal of the respondent bank to issue a Solvency Certificate. The court held that a writ petition is not maintainable against a private bank as it does not perform a public duty. The court emphasized that the bank's activities are commercial in nature and do not constitute a public function. The appellant was advised to seek redressal through other appropriate forums. Case-Laws Indian Laws Tue, 11 Aug 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=298354