Supreme Court Allows Advocate's Appeal Against Inclusion in Caution List by Indian Banks Association - Holds Caution List Only for Fraud or Serious Misconduct, Not Negligence. The Court ruled that the Caution List maintained by IBA cannot be used for alleged negligence or errors of professional judgment, and that matters of professional conduct are within the exclusive jurisdiction of the Bar Council of India under the Advocates Act, 1961.
1 Jan 2026The appellant, an advocate, served as panel counsel for Canara Bank. In 2015, he rendered a legal opinion which the Bank considered negligent. Consequ...
