https://www.taxtmi.com/news?id=60611 Whether banks suffer prejudice by providing a personal/oral opportunity of hearing before classifying accounts as fraud was questioned; the court emphasised that lenders must furnish forensic audit conclusions, allow borrowers a reasonable opportunity to submit representations, and produce a reasoned order, while inviting banks to specify contingencies that would justify exemption from affording such hearings. en-us Tue, 04 Nov 2025 18:16:03 +0530 Tue, 04 Nov 2025 18:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=60611 Whether banks suffer prejudice by providing a personal/oral opportunity of hearing before classifying accounts as fraud was questioned; the court emphasised that lenders must furnish forensic audit conclusions, allow borrowers a reasonable opportunity to submit representations, and produce a reasoned order, while inviting banks to specify contingencies that would justify exemption from affording such hearings. News - Tue, 04 Nov 2025 18:16:03 +0530 https://www.taxtmi.com/news?id=60611