A Critique on the Rules Governing the Collection of Overdue Bank Claims

The deferment of bank’s claims and the impossibility of collecting or delaying their receipt can be considered as a clear violation of banking Achilles. The range and prolongation of this situation could jeopardize the power of paying banks and, ultimately, their bankruptcy, and the bank’s bankruptcy is a comprehensive crisis in affairs. Financial and economic conditions of the country, systematic corruption, non-compliance with regulations, regulatory failure, lack of specific judicial and executive procedures, and inefficiencies of the judiciary are among the most important causes of this problem in the banks. Solving this problem requires a comprehensive and scientific approach to banking in Iran. The ambiguities and complexities of the ruler’s regulations and jurisprudential attitudes toward issues of inherently legal rights or the provision of legal-jurisprudential solutions for matters that are not in the realm of rights have doubled the problems.