Judicial Insight

Everyday Law · Supreme Court of India

Sep 2, 2026 · Civil Appeal No. 8531 of 2015

A bank representative and a borrower in an office with a briefcase symbolizing loans.AI illustration

Can banks enforce old loans under new rules?

Can a bank enforce loan recovery under new rules after taking it over?

TL;DR

  1. 1Kotak Mahindra Bank took over loans from a company not initially covered by the Act.
  2. 2The borrowers argued that the bank can't enforce recovery using the Act because of the loan's origin.
  3. 3It's tricky because the original lender wasn't eligible under the Act when the loans were made.

Can Kotak Mahindra Bank use the Act to recover these loans?

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