The only option available to the bank in case of improper invocation of Stand-by Letter of Credit (SBLC) is to proceed against the beneficiary and not against the bank that makes the payment – UCO Bank Vs. Yes Bank Ltd. – DRAT Mumbai

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In case of bogus and collusive tenancy, the action taken by CMM u/s 14 of SARFAESI Act, 2002 to take over the possession of the property cannot be held to be erroneous – National Laminate Corporation Vs. The Cosmos Co-operative Bank Ltd. & Anr. – DRAT Mumbai

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Mere mentioning of a claim in the balance sheets as liability would not amount to an unambiguous, unequivocal or clear admission liability, the notes accompanying the statements of account has to be read together with the description of the liability highlighted in the balance sheets – MSTC Ltd. Vs. Standard Chartered Bank – DRAT Mumbai

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