Court can declare a bank defaulter as a Proclaimed Offender (PO) under Sections 82 and 83 of the Code of Criminal Procedure (CrPC), 1973, if the defaulter deliberately avoids legal proceedings despite repeated summons or warrants. The process begins when a bank or financial institution initiates legal action against the defaulter for failing to repay loans or violating agreement terms, often under laws like Section 138 of the Negotiable Instruments Act for cheque dishonor or Section 420 of the I
1:15
Court can declare a bank defaulter as a Proclaimed Offender (PO) under Sections 82 and 83 of the Code of Criminal Procedure (CrPC), 1973, if the defaulter deliberately avoids legal proceedings despite repeated summons or warrants. The process begins when a bank or financial institution initiates legal action against the defaulter for failing to repay loans or violating agreement terms, often under laws like Section 138 of the Negotiable Instruments Act for cheque dishonor or Section 420 of the I
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