Disposed
Sri Krishnamurthy a v. the Authorized Officer/Manager Citizen Co. Operative Bank Ltd.
Karnataka HCWP/25535/2024
Case brief
AI extract
What is this about?
Petitioners challenged a bank's reply demanding payment for loan regularization and feared coercive action. Court disposed of the petition directing payment of Rs.6,00,000 in two weeks with balance plus next EMI within one month thereafter, failing which bank may proceed legally.
What did the court decide?
Direction to petitioner to pay Rs.6,00,000 in two weeks and balance with next month's EMI within one month thereafter; on default bank free to proceed per law.