Supreme Court against arbitrary manner of recovery by private banks

The Supreme Court  held that, the financial institutions while recovering dues should not behave like property dealers. They should not be permitted to dispose of the secured assets in an unreasonable or arbitrary manner. Public money should be recovered expeditiously. But it does not mean that the financial institutions which are concerned only with their loans, may be permitted to behave like property dealers and be permitted further to dispose of the secured assets in any unreasonable manner in flagrant violation of statutory provisions.
2012 KHC 4365 SC (Vol. 3 SN 5) (SC)