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Court Bars Finance Firms From Using Goons to Recover Loan Defaults

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The High Court has ruled that finance companies cannot deploy hired agents or 'goons' to pressure borrowers who have defaulted on their loans. The observation addresses concerns about coercive recovery tactics used against defaulting customers. The court's stance makes clear that lenders must pursue dues through lawful channels rather than intimidation. Because the source article text was not provided in full, the specific case details, parties, and date could not be independently confirmed in this summary.

Read the full story at Economic Times

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