Hazeena v. the Chief Manager, State Bank of Travan
Case brief
What is this about?
The High Court at Ernakulam dismissed a writ petition challenging bank recovery action under the SARFAESI Act. The petitioner failed to deposit the required sum towards the outstanding loan or demonstrate any steps taken for repayment, rendering the petition untenable.
What did the court decide?
Writ petition dismissed without prejudice to the bank letting the regularisation of the loan.