Ascertain Whether People You Sue Are Dead Or Alive: Court To SBI
NDTV
District Judge Surinder S Rathi was hearing a suit filed by the SBI for the recovery of around Rs 13.51 lakh, along with interest, against defendant Siya Nand.
Any bank, especially the State Bank of India (SBI) being the leading bank of the country, is expected to take proactive steps to ascertain whether the people being sued by it are dead or alive, a Delhi court has said while rejecting a suit for recovery against a loan defaulter who died.
District Judge Surinder S Rathi was hearing a suit filed by the SBI for the recovery of around Rs 13.51 lakh, along with interest, against defendant Siya Nand.
The court had earlier asked the bank to conduct an enquiry about the defendant, following which it came to light that Nand had expired two years prior to the filing of the suit.
