![]() ![]() ![]() However, if viewed from the perspective of a consumer taking loan which is essentially a funding by the institution and liability for the consumer, yes, a financial institution can sue. This directly does not happen in financial institutions. Now, funded liability, so far I understand it, is that a person saves/invests/funds a certain amount for a liability he will incur in future as he has already promised it. ![]() Only financial institutions not anyone can file a case under the the ARAA 2003 for recovery of debts. Cases involving claims by Bangladesh Krishi Bank and Bangladesh Krishi. Its scope and jurisdiction of Artha Rin Adalat. ![]()
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