Supreme Court Slams 'Midnight Seizures,' Orders ₹10 Lakh Payout for Forced Truck Repossession
India's Supreme Court just delivered a sharp message to finance companies: illegal vehicle seizures, especially those carried out forcefully and at night, will not be tolerated. In a landmark ruling, the court ordered Cholamandalam Investment and Finance Company Limited to pay ₹10 lakh as compensation to a truck owner for the illegal repossession of his vehicle, calling out such actions as 'goondaism'. This ruling firmly reminds lenders that even loan defaults don't give them a free pass to break the law.












