Banks cannot withhold no dues certificate for non-discharge of another loan obtained in a different capacity, rules Madras High Court

Justice D. Bharatha Chakravarthy also holds that the Banking Ombudsman cannot file counter affidavits before courts of law defending the decisions taken by the banks

​Justice D. Bharatha Chakravarthy also holds that the Banking Ombudsman cannot file counter affidavits before courts of law defending the decisions taken by the banks