https://www.thenewj.in THE NEWJ Tue, 07 Apr 2026 08:58:28 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.thenewj.in/2026/04/07/no-personal-oral-hearing-needed-before-labelling-bank-accounts-as-fraud-sc/ https://www.thenewj.in/2026/04/07/no-personal-oral-hearing-needed-before-labelling-bank-accounts-as-fraud-sc/#respond Tue, 07 Apr 2026 08:58:28 +0000 https://www.thenewj.in/2026/04/07/no-personal-oral-hearing-needed-before-labelling-bank-accounts-as-fraud-sc/

The Supreme Court ruled that banks are not required to provide personal oral hearings before classifying accounts as fraudulent. However, banks must furnish customers with a forensic audit report prior to such classification. This decision acknowledges the infeasibility of individual hearings given the significant rise in bank fraud cases. ]]> https://www.thenewj.in/2026/04/07/no-personal-oral-hearing-needed-before-labelling-bank-accounts-as-fraud-sc/feed/ 0 3509