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Abu Hena Razzaki

  • Senior Advocate
  • Mon, 20 Nov 23

Senior Advocate, Bangladesh Supreme Court and Chief Executive Officer, Bangla Foundation

Why is money loan court case delayed in disposition?
Why is money loan court case delayed in disposition?

Law

Mon, 20 Nov 23

Why is money loan court case delayed in disposition?

Sometimes we have to face the question, why the cases filed with the money loan court are not settled quickly! Money Loan Court is a special 'law'. The Finance Act was originally enacted to strengthen and speed up the recovery of defaulted loans by banks. In other words, money lending laws were created to achieve a specific purpose. The question arises: to what extent has this specific goal been achieved? Or is it being achieved at all?