Introduction

The Supreme Court's decision in ICICI Bank Ltd. v. Prakash Kaur is a landmark ruling that reaffirmed the rule of law in loan recovery proceedings. The Court strongly condemned the use of coercive recovery agents and held that banks must recover dues only through lawful procedures prescribed under statutory mechanisms. Emphasizing borrowers' rights, dignity, and procedural fairness, the judgment highlighted the responsibility of financial institutions to comply with RBI guidelines while enforcing recovery. This case commentary examines the facts, legal issues, judicial reasoning, and the enduring significance of the decision for consumer protection, banking law, and legal practice in India.