V.M. Abdulkhader v. the Kerala State Development Corporation for Scheduled Castes and Scheduled Tibes Limited
Case brief
What is this about?
In a writ petition challenging writ-writ recovery proceedings initiated by the State Development Corporation for a loan default, the High Court relied on Supreme Court precedent. The Court held that proceedings started in 2012, more than three years after the default, were time-barred. The writ petition was allowed.
What did the court decide?
The writ petition is allowed and the under-recovery proceedings under the RR Act against the petitioner are set aside. The petitioner is declared not liable to be proceeded against for the recovery of