Bombay High Court Allows Financial Institution to Recover Debt Under IRBI Act, 1984 — Rejects Borrower's Challenge to Section 13(1) Notice. Court holds that notice under Section 13(1) of the Industrial Reconstruction Bank of India Act, 1984 is valid and enforceable, and the borrower's objections regarding limitation and non-compliance are not sustainable.
7 Jun 2005The petitioner, Industrial Investment Bank of India Ltd., a financial institution under the Industrial Reconstruction Bank of India Act, 1984, filed a...




