Sartaj Ahmad Mir v. Chairman / Managing Director Jammu and Kashmir Bank and Ors.
Case brief
What is this about?
J&K and Ladakh HC, Srinagar; WP(C) 2195/2025, CM 5789/2025; Sartaj Ahmad Mir v. Chairman/Managing Director Jammu and Kashmir Bank & Ors.; decided 22.04.2026 by Sanjeev Kumar and Sanjay Parihar, JJ.; loan account restructuring; petition disposed of at counsel's request without merits adjudication; liberty to petitioner to approach Bank within two weeks with restructuring proposal; Bank to decide within two weeks as per applicable loan-restructuring parameters; no direction on merits, no quantum, no precedent discussed.
What did the court decide?
Liberty to the petitioner to approach the respondent-Bank with a proposal for restructuring of his account within two weeks; the Bank to consider the proposal as per the parameters applicable to loan restructuring and take a decision thereon within two weeks. ¶17