Virendra Singh v. Branch Manager, Canara Bank
Case brief
What is this about?
This writ petition for settlement of a loan debt claimed by the petitioner's deceased father was disposed of based on an agreement between the parties to clear the amount in installments over six months. The court stipulated consequences for default.
What did the court decide?
Petitioner directed to deposit 25% of total amount within one month, remainder in two installments over 2.5 months each, completing liability within six months.