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Tag: Canara Bank

News Update…

Supreme Court Quashes Advocate’s Inclusion in IBA Caution List – Limits List to Fraud Cases; Reinforces Bar Councils’ Exclusive Disciplinary Role

7 Jul 20267 Jul 2026
The Supreme Court allowed the appeal of advocate Ajay Vijh and directed immediate removal of his name from the Indian Banks’ Association (IBA) Caution List. Background Ajay Vijh, a panel…
News Update…

Supreme Court Upholds Corporate Guarantee as Valid Contract; Canara Bank Held Liable for Erroneous Remittance of USD 100,000 Contrary to Customer Mandate

18 Mar 2026
The Supreme Court has upheld the liability of Archean Industries Private Limited under a “Corporate Guarantee” executed in favour of Goltens Dubai for payment of USD 100,000 towards vessel repair…

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