Supreme Court of India · 2008-05-15
ICICI BANK vs SHANTI DEVI SHARMA
- Citation / case number
- SC 2006/24370
- Court
- Supreme Court of India
- Petitioner
- ICICI BANK
- Respondent
- SHANTI DEVI SHARMA
Judgment text excerpt
The Supreme Court addressed the appeal against the Delhi High Court's order regarding the alleged role of ICICI Bank's recovery agents in a suicide case. The Court held that the High Court's observations about the bank's recovery methods could adversely affect an ongoing criminal investigation and thus ordered the expunging of specific remarks. The Court emphasized that banks must adhere to legal methods for loan recovery and cannot employ unlawful means, thereby reinforcing the principle that financial institutions must operate within the law.