New Delhi, July 7 (IANS) The Supreme Court on Tuesday ruled that banks and the Indian Banks’ Association (IBA) cannot include advocates in the banking sector’s “Caution List” merely on allegations of professional negligence, holding that such action amounts to an impermissible assessment of a lawyer’s professional competence, which falls exclusively within the disciplinary jurisdiction of the Bar Councils under the Advocates Act, 1961. A bench of Justices PS Narasimha and Alok Aradhe, allowing a…
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