Supreme Court of India · 2008-05-15
Icici Bank vs Shanti Devi Sharma & Ors
- Citation / case number
- AIR 2009 SC (SUPP) 1026
- Court
- Supreme Court of India
- Petitioner
- Icici Bank
- Respondent
- Shanti Devi Sharma & Ors
- Author
- Dalveer Bhandari
- Bench
- Dalveer Bhandari, Tarun Chatterjee
Judgment text excerpt
The Supreme Court addressed the appeal against the Delhi High Court's order regarding the expunging of certain observations made about the appellant bank's recovery practices. The Court held that the High Court's remarks, which suggested that the bank's actions may have contributed to the suicide of the deceased, were made in the context of ongoing investigations and were not intended to be prejudicial. The Court emphasized the need for responsible recovery practices by financial institutions and upheld the High Court's directive for a thorough investigation under Section 482 of the Criminal Procedure Code, 1973.