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petitioner to this Court complaining harassment by the recovery
agents/representatives of HDFC Bank for recovery of amounts due under ... that the commercial
banks issuing credit cards are engaging recovery agents/representatives
for recovery of dues from the credit card
Andhra High Court
following few
paragraphs:-
1) Regarding the role of Recovery Agents use of abusive
language due process of law RBI guidelines ... COLLECTION
AGENTS. A very dignified term used for paid recovery
agents who are individual and independent contractors
hired
Supreme Court of India
result of the manner in which the bank's
recovery agents had repossessed her son's motorcycle. In the
first ... 16th October, 2005 at about 1.00 p.m., two
recovery agents (referred to as "goons") forcibly entered
Supreme Court of India
plaintiffs. The 2nd respondent/ 2nd defendant through its Recovery Agent M/s.V.N.C.Narichania (P) Ltd., made ... whether M/s. VNC Narichanta Pvt. Ltd., was the recovery agent of the 2nd respondent/2nd plaintiff. Even if there
Madras High Court
practice adopted by the respondent bank in hiring
recovery agents and deputing musclemen to seize the vehicles were deprecated ... collection
agents. A very dignified term used for paid recovery agents who are individual
and independent contractors hired
Madras High Court
invoked to use the High Court as a Recovery Agent by Finance Companies/Banks to seize the vehicle ex-parte ... that there would be no possibility whatsoever of the recovery of the amount from the respondent/beneficiary
Madras High Court
parties 3 and 4: who claimed
themselves to be Recovery Agent appointed by the Bank forcibly took
away the Tractor ... party No. 4 claiming himself to be recovery Agent appointed by
the Bank forcibly took away tractor
Allahabad High Court
invoked to use the High Court as a Recovery Agent by Finance Companies/Banks to seize the vehicle ex-parte ... that there would be no possibility whatsoever of the recovery of the amount from the respondent/beneficiary
Madras High Court
pocket expenses
Rs.
48,853/- towards the charges of Recovery Agent who is functioning
as Karyalaya Adhikrut Japti Evam Vasuli ... recorded is that the so called expenses for the
recovery agent is mentioned as Rs. 48,853/-, but no details
Gujarat High Court
possession of the writ petitioner. The practice of hiring recovery agents, who are musclemen, is deprecated and needs ... banks". The guidelines itself provides that the Recovery Agent if appointed by the bank should adhere to extent
Madras High Court
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