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Sunday, 8 November 2026 IST

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SC upholds ARCs’ right to replace banks in pending cheque dishonour cases

The Supreme Court has upheld a Bombay High Court ruling allowing ARCs to replace banks in pending cheque dishonour cases after acquiring loans and related securities under the…

SC upholds ARCs' right to replace banks in pending cheque dishonour cases
SC upholds ARCs' right to replace banks in pending cheque dishonour cases — image via Business Standard — Credit: Business Standard

Attributed summary

The Supreme Court has upheld a Bombay High Court ruling allowing ARCs to replace banks in pending cheque dishonour cases after acquiring loans and related securities under the SARFAESI Act.

Read the original report — Business Standard

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