The statement of accounts sent to you by the bank is the basis on which rests the entire recovery proceedings. Once this is accepted it will be impossible to challenge it at a latter stage of the proceedings before any forum. Therefore, make sure that the entries in the statement of accounts are proper and in accordance with the provisions that existed at the material times.

The statement of accounts presented by bank is a difficult nut to crack. On one occasion even the Supreme court remarked that they are worse than a Doctor’s medical prescription. Unless they are co-gently analyzed and an expert’s view given, the Court’s are bound to statement of accounts given Bank as correct.

The statement of accounts has to be examined in relation to the rates of interest prevalent at the relevant times, the extant RBI circulars and guidelines, the judgments of various courts not permitting levy certain kinds of charges, calculation of interests, compounding of interests, set off against various insurance policies, various Government rebates and numerous other parameters. Each one could lead to great savings.

Such examinations can be done by experts who are exclusive in their domain knowledge. Come to Team BankDRT for that expert scrutiny and examination of accounts from every possible angle and expert advise that can stand scrutiny of any test of law.