English (United Kingdom)

https://curated-unify.zendy.io/wp-json/zendy-region/v1/featured_content/oa?rat=en

https://curated-unify.zendy.io/wp-json/zendy-region/v1/highlighted_journal/

Global: Zendy Plus annual

Presents the access of premium content as premium feature

Premium Content

Presents the keyphrase highlighting as premium feature

Keyphrase Highlighting

Presents the summarisation as premium feature

Summarisation

Insights

Presents the pdf analysis as premium feature

PDF Analysis

Presents the zaia usage as premium feature

ZAIA

Global: Zendy Tools annual

Global: Zendy Free Plan

Global: Zendy Tools monthly

Global: Zendy Plus monthly

The study aims to address the issue of criminality in wilful default of loans given by banks in India by clarifying the thin line of demarcation between genuine and deliberate reasons for default of loans and suggest remedies to establish the demarcation in a more objective manner. The paper is a descriptive one based on secondary data, wherein tools like historical, factual and descriptive analysis have been used. It was found that it is not impossible to differentiate between genuine and deliberate reasons for loan defaults and stakeholders can identify &amp; establish criminal intent behind such defaults if an objective criteria is followed. Suitable provisions under different acts and statues needs to be introduced to curb financial activities of errant borrowers and prosecute them criminally. Criminality aspect in case of wilful default of loans can thus be established if sufficient provisions of law are made available to the banking system.

Aspect of Criminality in Default of Loans Given by Banks: The Indian Scenario