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Hiring musclemen to recover loans unethical: Kerala HC

/ by Legal India News | Leave a Comment

The Kerala High Court today held that the practice of banks and financial institutions authorising musclemen to recover loans from borrowers “is illegal, unethical and against protection of public interest.” Considering an appeal filed by a detective agency in Kozhikode complaining non-payment of commission by a public sector bank which engaged it to recover loan […]

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