Asked in Financial services regulation
She may approach a Civil Court and an injunction not to interfere with her personal liberty. Such injunction order will be issued. The Bank is always is at liberty to proceed to recover the dues or entire amount by way of filing Civil Suit. But it cannot give threatens to the defaulters.
https://secweb.rbi.org.in/BO/precompltindex.htm
You can see the RBI guidelines and fair trade practice policy issued to the banking institutions.. regarding verdicts https://indiankanoon.org/doc/819703/ Prakash kaur vs ICICI bank case by Supreme Court is the ground case.. link provided above.. if u need further verdicts latest and reported i can do it for a nominal payment.. contact me.. for further assistance private chat or Whatsapp to 9865091700..
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