Banks are looking to intensify the drive to name and shame corporate willful defaulters in the days to come. The development comes after the Supreme Court last month held that a person has no right to be represented by a lawyer in in-house proceedings initiated by banks or financial institutions to declare him willful defaulter for non-payment of dues.
Recently, Kolkata-based public sector lender UCO Bank published the name of Yashovardhan Birla along with his photograph, in newspapers, as a willful defaulter for failing to pay a debt of Rs 67.65 crore taken by Birla Surya Ltd. Yashovardhan Birla is

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