Disposed

Aswathy a. v. State Bank of Travancore

Kerala HC1 Dec 2014WP(C)/16538/2014

Case brief

AI extract

What is this about?

The Court directed the respondent banks to process applications for interest subsidy under the Central Scheme for economically weaker section students. The petitioners must produce income proof and execute the agreement with all loan parties within two weeks.

What did the court decide?

Direction to the respondent bank to process applications for interest subsidy if the petitioners produce income proof and execute the agreement with all loan parties within two weeks.

Aswathy a. Vs State Bank of Travancore — Education and Admissions | Kerala HC (2014)

¶1

IN THE HIGH COURT OF KERALA AT ERNAKULAM

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PRESENT:

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THE HONOURABLE MR. JUSTICE A.MUHAMED MUSTAQUE

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MONDAY, THE 1ST DAY OF DECEMBER 2014/10TH AGRAHAYANA, 1936

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WP(C).No. 16538 of 2014 (N)

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PETITIONER(S) :

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1. ASWATHY A., AGED 25 YEARS, D/O.ANANDAKUTTAN, ANANDHA BHAVAN, VECHOOR P.O., VAIKOM, KOTTAYAM DISTRICT, KERALA, PIN-686 144.

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2. MEETHU V.M., AGED 30 YEARS, D/O.MANGALANATHAN, VELUTHEDATHUTHARA HOUSE, VECHOOR P.O., VAIKOM, KOTTAYAM DISTRICT, KERALA, PIN-686 144.

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3. ANUMOL THAMPI, AGED 22 YEARS,

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D/O.THAMPI K.S., CHIRATTEPPARAMBIL HOUSE, VECHOOR P.O., VAIKOM, KOTTAYAM DISTRICT, KERALA, PIN-686 144.

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4. REMYAMOL P.R., AGED 27 YEARS, D/O.RAHULAN, PUTHANTHARA, KUDAVECHOOR P.O., VAIKOM, KOTTAYAM DISTRICT, KERALA, PIN-686 144.

¶12

5. GREESHMA P.N., AGED 22 YEARS, D/O.NARAYANAN, PAVAUTHAYIL HOUSE, KUDAVECHOOR P.O., VAIKOM, KOTTAYAM DISTRICT, KERALA, PIN-686 144.

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6. SARANYA K.R., AGED 23 YEARS, D/O.RAMAKRISHNAN, KAVINNAYIL HOUSE, AMBIKAMARKET P.O., VAIKOM, KOTTAYAM DISTRICT, KERALA, PIN-686 144.

¶14

7. KAVITHA KALADHARAN, AGED 23 YEARS, D/O.KALADHARAN, PARAMITTATHU HOUSE, AMBIKAMARKET P.O., VAIKOM, KOTTAYAM DISTRICT, KERALA, PIN-686 144.

¶15

8. SALINI P.R., AGED 25 YEARS,

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D/O.RADHAKRISHNAN, PADINJARETHALACKAL HOUSE, KUDAVECHOOR P.O., VAIKOM, KOTTAYAM DISTRICT, KERALA, PIN-686 144.

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9. JESSY T.J., AGED 25 YEARS, D/O.JOHN, THAKKATHIYIL HOUSE, AMBIKAMARKET P.O., VAIKOM, KOTTAYAM, PIN-686 144.

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10. HANITHA A.K., AGED 25 YEARS, D/O.APPUKUTTAN, KAMALALAYAM, KUDAVECHOOR P.O., VAIKOM, KOTTAYAM DISTRICT, KERALA, PIN-686 144.

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..2/-

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..2..

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WP(C).No. 16538 of 2014 (N)

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-------------------------------------------

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11. TINU K.T., AGED 24 YEARS, D/O.THANKACHAN, KOCHUVENKARTHARA HOUSE, KUDAVECHOOR P.O., VAIKOM, KOTTAYAM DISTRICT, KERALA, PIN-686 144.

¶24

12. GIGI A.R., AGED 26 YEARS, S/O.RAMAKRISHNAN, THEKKEARIYAMBATHU HOUSE, KUDAVECHOOR P.O., VAIKOM, KOTTAYAM DISTRICT, KERALA, PIN-686 144.

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13. RAKESH E.P., AGED 27 YEARS, S/O.PUSHPANGATHAN, ERANATHARA HOUSE, VECHOOR P.O., VAIKOM, KOTTAYAM DISTRICT, PIN-686 144.

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14. PRAJEESH P., AGED 27 YEARS, S/O.PRABHAKARAN, ITHUMMEL HOSUE, KUDAVECHOOR P.O., VAIKOM, KOTTAYAM DISTRICT, KERALA, PIN-686 144.

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15. SIJI E.S, AGED 27 YEARS, D/O.SATHYAN, SYAM NIVAS, KUDAVECHOOR P.O., VAIKOM, KOTTAYAM DISTRICT, KERALA, PIN-686 144.

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16. MURALILDHARAN K.R., AGED 27 YEARS,

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S/O.RAMACHANDRAN NAIR, KAIPUZHAPARAMBIL HOUE, KUDAVECHOOR P.O., VAIKOM, KOTTAYAM DISTRICT, KERALA, PIN-686 144.

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17. ANUPAMA K., AGED 24 YEARS, D/O.KUNJUKUNJU, KARUVELIYIL HOUSE, VECHOOR P.O., VAIKOM, KOTTAYAM DISTRICT, KERALA, PIN-686 144.

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18. JINAN C.S., AGED 26 YEARS, S/O.SASI, KOCHUKONITHARATHARA HOUSE, KUDAVECHOOR P.O., VAIKOM, KOTTAYAM DISTRICT, KERALA, PIN-686 144.

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19. ANJU NARAYANAN, AGED 23 YEARS, D/O.NARAYANAN, KONATTUCHIRA HOUSE, KUDAVECHOOR P.O., VAIKOM, KOTTAYAM DISTRICT, KERALA, PIN-686 144.

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20. DHANYA D.D., AGED 30 YEARS, D/O.DASAPPAN, DHANYALAYAM HOUSE, KUDAVECHOOR P.O., VAIKOM, KOTTAYAM DISTRICT, KERALA, PIN-686 144.

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21. JOMOL, AGED 24 YEARS, D/O.KUTTAPPAN, CHENGANNEZHATHUTHARA HOUSE, AMBIKAMARKET P.O., VAIKOM, KOTTAYAM DISTRICT, KERALA, PIN-686 144.

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22. RENJUSHA P.R., AGED 27 YEARS, D/O.REGHU, REJANI BHAVAN, KUDAVECHOOR P.O., VAIKOM, KOTTAYAM DISTRICT, KERALA, PIN-686 144.

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..3/-

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..3..

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WP(C).No. 16538 of 2014 (N)

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23. SOUMYA T.S., AGED 24 YEARS, D/O.SADANANDAN, THENGAKKOOTUTHARA HOUSE, SRAMBIMATTAM, KUDAVECHOOR P.O., VAIKOM, KOTTAYAM DISTRICT, KERALA, PIN-686 144.

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24. SREEJAMOL K.B., AGED 27 YEARS, D/O.BALAKRISHNAN, KIZHAKKEMATTAM HOUSE, SRAMBIMATTAM, KUDAVECHOOR P.O., VAIKOM, KOTTAYAM DISTRICT, KERALA,PIN-686 144.

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25. SABITHA A.K., AGED 25 YEARS, D/O.PRASANNA, ANCHUPARAYIL HOUSE, PERUNTHURUTHU P.O., KALLARA, KOTTAYAM DISTRICT, KERALA, PIN-686 144.

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26. PRAJEESHAMOL N.P., AGED 26 YEARS, D/O.PRAKASHAN, VISHNU BHAVAN, PERUNTHURUTHU P.O., VAIKOM, KOTTAYAM DISTRICT, KERALA, PIN-686 144.

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27. SOUMYA P., AGED 25 YEARS,

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D/O.PADMANABHAN, PADINJAPPURATHU HOUSE, PERUNTHURUTHU P.O., VAIKOM, KOTTAYAM DISTRICT, KERALA, PIN-686 144.

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28. HIMA P.V., AGED 23 YEARS, D/O.PRATHAPAN, VELIYIL HOUSE, KUDAVECHOOR P.O., VAIKOM, KOTTAYAM DISTRICT, KERALA, PIN-686 144.

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29. VISHU T.SUNDARESAN, AGED 24 YEARS, S/O.SUNDARESAN, THOOMPODITHARA HOUSE, VECHOOR P.O., VAIKOM, KOTTAYAM DISTRICT, KERALA, PIN-686 144.

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30. ASHAMOL P.K., AGED 24 YEARS, D/O.PADMANABAHAN, KARTHIYAYANI NIVAS, VECHOOR P.O., VAIKOM, KOTTAYAM DISTRICT, KERALA, PIN-686 144.

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31. JAMMAMOL J., AGED 26 YEARS, D/O.JOHN, VADAYANEZHATHY HOUSE, AMBIKAMARKET P.O., VAIKOM, KOTTAYAM DISTRICT, KERALA, PIN-686 144.

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32. DAISY DEVASIA, AGED 24 YEARS, D/O.DEVASIA, DAISY BHAVAN HOUSE, VECHOOR P.O., VAIKOM, KOTTAYAM DISTRICT, KERALA, PIN-686 144.

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33. SHEENA M.D., AGED 25 YEARS, D/O.DHASARATHAN, MELAZHATH HOUSE, AMBIKAMARKET P.O., VAIKOM, KOTTAYAM DISTRICT, KERALA, PIN-686 144.

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BY ADV. SRI.A.G.BASIL

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..4/-

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..4..

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WP(C).No. 16538 of 2014 (N)

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RESPONDENT(S) :

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1. STATE BANK OF TRAVANCORE, VECHOOR BRANCH, (ASSOCIATE OF STATE OF INDIA), REPRESENTED BY ITS BRANCH MANAGER, VECHOOR BRANCH, KOTTAYAM DISTRICT, KERALA, PIN-686 144.

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2. STATE BANK OF TRAVANCORE, REPRESENTED BY ITS CHARIMAN. HEAD OFFICE, POOJAPPURA, THIRUVANANTHAPURAM DISTRICT, KERALA, PIN-695 012.

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3. CANARA BANK, REPRESENTED BY ITS CHARIMAN AND MANAGING DIRECTOR, HEAD OFFICE, NO.112, OPP.TO TOWN HALL, J.C.ROAD, BANGALORE-560 002.

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4. MINISTRY OF FINANCE, REPRESENTED BY ITS SECRETARY, GOVERNEMNT OF INDIA, NEW DELHI-110 001.

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R1 & R2 BY ADV. SRI.R.S.KALKURA, S.C ADV. SRI.K.S.DILIP, S.C R4 BY ADV. SRI.N.NAGARESH, ASSISTANT SOLICITOR GENERAL

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THIS WRIT PETITION (CIVIL) HAVING BEEN FINALLY HEARD ON 01-12-2014, ALONG WITH W.P.(C).NO.16973 OF 2014 THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING:

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Msd.

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WP(C).No. 16538 of 2014 (N)

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APPENDIX

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PETITIONER(S)' EXHIBITS

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EXT.P1:	TRUE COPY OF INTERIM BUDGET SPEECH 2014-15 OF THE THEN FINANCE MINISTER P.CHIDAMBARAM ON FEBRUARY 17, 2014 OBTAINED FEROM THE WEBSITE OF MINISTRY OF FINANCE.
EXT.P2:	TRUE COPY OF APPLICATION SUBMITTED BY THE 1ST PETITIONER ALONG WITH INCOME CERTIFICATE FROM THE VILLAGE OFFICER AND THE COURSE COMPLETION CERTIFICATE FROM THE PRINCIPAL OF NURSING SCHOOL.
EXT.P3:	TRUE COPY OF APPLICATION SUBMITTED BY THE 2ND PETITIONER ALONG WITH INCOME CERTIFICATE FROM THE VILLAGE OFFICER AND MARK LIST.
EXT.P4:	TRUE COPY OF APPLICATION SUBMITTED BY THE 3RD PETITIONER ALONG WITH INCOME CERTIFICATE FROM THE VILLAGE OFFICER AND THE COURSE COMPLETION CERTIFICATE FROM THE PRINCIPAL OF NURSING SCHOOL.
EXT.P5:	TRUE COPY OF APPLICATION SUBMITTED BY THE 4TH PETITIONER ALONG WITH INCOME CERTIFICATE FROM THE VILLAGE OFFICER AND THE COURSE COMPLETION CERTIFICATE FROM THE PRINCIPAL OF NURSING SCHOOL.
EXT.P6:	TRUE COPY OF APPLICATION SUBMITTED BY THE 5TH PETITIONER ALONG WITH INCOME CERTIFICATE FROM THE VILLAGE OFFICER AND THE NURSING COUNCIL CERTIFICATE FROM KARNATAKA.
EXT.P7:	TRUE COPY OF APPLICATION SUBMITTED BY THE 6TH PETITIONER ALONG WITH INCOME CERTIFICATE FROM THE VILLAGE OFFICER AND THE COURSE COMPLETION CERTIFICATE FROM THE PRINCIPAL OF NURSING SCHOOL.
EXT.P8:	TRUE COPY OF APPLICATION SUBMITTED BY THE 7TH PETITIONER ALONG WITH INCOME CERTIFICATE FROM THE VILLAGE OFFICER AND THE COURSE COMPLETION CERTIFICATE FROM THE PRINCIPAL OF NURSING SCHOOL.
EXT.P9:	TRUE COPY OF APPLICATION SUBMITTED BY THE 8TH PETITIONER ALONG WITH INCOME CERTIFICATE FROM THE VILLAGE OFFICER AND THE COURSE COMPLETION CERTIFICATE FROM THE PRINCIPAL OF NURSING SCHOOL.
EXT.P10:	TRUE COPY OF APPLICATION SUBMITTED BY THE 9TH PETITIONER ALONG WITH INCOME CERTIFICATE FROM THE VILLAGE OFFICER AND THE COURSE COMPLETION CERTIFICATE FROM THE PRINCIPAL OF NURSING SCHOOL.
EXT.P11:	TRUE COPY OF APPLICATION SUBMITTED BY THE 10TH PETITIONER ALONG WITH INCOME CERTIFICATE FROM THE VILLAGE OFFICER AND THE COURSE COMPLETION CERTIFICATE FROM THE PRINCIPAL OF NURSING SCHOOL.

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WP(C).No. 16538 of 2014 (N)

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EXT.P12:	TRUE COPY OF APPLICATION SUBMITTED BY THE 11TH PETITIONER ALONG WITH INCOME CERTIFICATE FROM THE VILLAGE OFFICER AND THE COURSE COMPLETION CERTIFICATE FROM THE PRINCIPAL OF NURSING SCHOOL.
EXT.P13:	TRUE COPY OF APPLICATION SUBMITTED BY THE 12TH PETITIONER ALONG WITH INCOME CERTIFICATE FROM THE VILLAGE OFFICER AND THE COURSE COMPLETION CERTIFICATE FROM THE PRINCIPAL OF NURSING SCHOOL.
EXT.P14:	TRUE COPY OF APPLICATION SUBMITTED BY THE 13TH PETITIONER ALONG WITH INCOME CERTIFICATE FROM THE VILLAGE OFFICER AND THE COURSE COMPLETION CERTIFICATE FROM THE PRINCIPAL OF NURSING SCHOOL.
EXT.P15:	TRUE COPY OF APPLICATION SUBMITTED BY THE 14TH PETITIONER ALONG WITH INCOME CERTIFICATE FROM THE VILLAGE OFFICER AND THE PROVISIONAL CERTIFICATE.
EXT.P16:	TRUE COPY OF APPLICATION SUBMITTED BY THE 15TH PETITIONER ALONG WITH INCOME CERTIFICATE FROM THE VILLAGE OFFICER AND THE COURSE COMPLETION CERTIFICATE FROM THE PRINCIPAL OF NURSING SCHOOL.
EXT.P17:	TRUE COPY OF APPLICATION SUBMITTED BY THE 16TH PETITIONER ALONG WITH INCOME CERTIFICATE FROM THE VILLAGE OFFICER AND THE COURSE COMPLETION CERTIFICATE FROM THE PRINCIPAL OF NURSING SCHOOL.
EXT.P18:	TRUE COPY OF APPLICATION SUBMITTED BY THE 17TH PETITIONER ALONG WITH INCOME CERTIFICATE FROM THE VILLAGE OFFICER AND THE COURSE COMPLETION CERTIFICATE FROM THE PRINCIPAL OF NURSING SCHOOL.
EXT.P19:	TRUE COPY OF APPLICATION SUBMITTED BY THE 18TH PETITIONER ALONG WITH INCOME CERTIFICATE FROM THE VILLAGE OFFICER.
EXT.P20:	TRUE COPY OF APPLICATION SUBMITTED BY THE 19TH PETITIONER ALONG WITH INCOME CERTIFICATE FROM THE VILLAGE OFFICER.
EXT.P21:	TRUE COPY OF APPLICATION SUBMITTED BY THE 20TH PETITIONER ALONG WITH INCOME CERTIFICATE FROM THE VILLAGE OFFICER AND THE COURSE COMPLETION CERTIFICATE FROM THE PRINCIPAL OF NURSING SCHOOL.
EXT.P22:	TRUE COPY OF APPLICATION SUBMITTED BY THE 21ST PETITIONER ALONG WITH INCOME CERTIFICATE FROM THE VILLAGE OFFICER AND THE COURSE COMPLETION CERTIFICATE FROM THE PRINCIPAL OF NURSING SCHOOL.
EXT.P23:	TRUE COPY OF APPLICATION SUBMITTED BY THE 22ND PETITIONER ALONG WITH INCOME CERTIFICATE FROM THE VILLAGE OFFICER AND THE INTERNSHIP CERTIFICATE.

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WP(C).No. 16538 of 2014 (N)

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EXT.P24:	TRUE COPY OF APPLICATION SUBMITTED BY THE 23RD PETITIONER ALONG WITH INCOME CERTIFICATE FROM THE VILLAGE OFFICER.
EXT.P25:	TRUE COPY OF APPLICATION SUBMITTED BY THE 24TH PETITIONER ALONG WITH INCOME CERTIFICATE FROM THE VILLAGE OFFICER AND THE PROVISIONAL CERTIFICATE.
EXT.P26:	TRUE COPY OF APPLICATION SUBMITTED BY THE 25TH PETITIONER ALONG WITH INCOME CERTIFICATE FROM THE VILLAGE OFFICER AND THE COURSE COMPLETION CERTIFICATE FROM THE PRINCIPAL OF NURSING SCHOOL.
EXT.P27:	TRUE COPY OF APPLICATION SUBMITTED BY THE 26TH PETITIONER ALONG WITH INCOME CERTIFICATE FROM THE VILLAGE OFFICER AND THE COURSE COMPLETION CERTIFICATE FROM THE PRINCIPAL OF NURSING SCHOOL.
EXT.P28:	TRUE COPY OF APPLICATION SUBMITTED BY THE 27TH PETITIONER ALONG WITH INCOME CERTIFICATE FROM THE VILLAGE OFFICER.
EXT.P29:	TRUE COPY OF APPLICATION SUBMITTED BY THE 28TH PETITIONER ALONG WITH INCOME CERTIFICATE FROM THE VILLAGE OFFICER AND THE COURSE COMPLETION CERTIFICATE FROM THE PRINCIPAL OF NURSING SCHOOL.
EXT.P30:	TRUE COPY OF APPLICATION SUBMITTED BY THE 29TH PETITIONER ALONG WITH INCOME CERTIFICATE FROM THE VILLAGE OFFICER AND THE COURSE COMPLETION CERTIFICATE FROM THE PRINCIPAL OF NURSING SCHOOL.
EXT.P31:	TRUE COPY OF APPLICATION SUBMITTED BY THE 30TH PETITIONER ALONG WITH INCOME CERTIFICATE FROM THE VILLAGE OFFICER AND THE COURSE COMPLETION CERTIFICATE FROM THE PRINCIPAL OF NURSING SCHOOL.
EXT.P32:	TRUE COPY OF APPLICATION SUBMITTED BY THE 31ST PETITIONER ALONG WITH INCOME CERTIFICATE FROM THE VILLAGE OFFICER AND THE COURSE COMPLETION CERTIFICATE FROM THE PRINCIPAL OF NURSING SCHOOL.
EXT.P33:	TRUE COPY OF APPLICATION SUBMITTED BY THE 32ND PETITIONER ALONG WITH INCOME CERTIFICATE FROM THE VILLAGE OFFICER AND THE COURSE COMPLETION CERTIFICATE FROM THE PRINCIPAL OF NURSING SCHOOL.
EXT.P34:	TRUE COPY OF APPLICATION SUBMITTED BY THE 33RD PETITIONER ALONG WITH INCOME CERTIFICATE FROM THE VILLAGE OFFICER AND THE COURSE COMPLETION CERTIFICATE FROM THE PRINCIPAL OF NURSING SCHOOL.
EXT.P35:	TRUE COPY OF THE NOTICE ISSUED BY THE KERALA STATE CO-OPERATIVE BANK, ERNAKULAM BENCH ON 13/06/2014.

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WP(C).No. 16538 of 2014 (N)

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RESPONDENT(S)' EXHIBITS

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EXHIBIT R1(A): THE TRUE COPY OF THE GUIDELINES FOR PROVIDING INTEREST SUBSIDY ISSUED BY THE GOVERNMENT OF INDIA. EXHIBIT R1(B): TRUE COPY OF THE CIRCULAR ISSUED BY THE BANK BEARING NO.PSB/21/2014 DATED 19.03.2014. EXHIBIT R1(C): THE TRUE COPY OF THE SUBSIDY AGREEMENT TO BE EXECUTED BY THE BORROWERS.

//TRUE COPY//

P.A.TO JUDGE.

Msd.

A.MUHAMED MUSTAQUE, J.

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--------------------------------------------

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W.P.(C).Nos. 16538 & 16973 of 2014

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Dated this the 1^st day of December, 2014

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J U D G M E N T

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-----------------------

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These writ petitions are filed by the students, who have

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availed educational loan from the respondent bank. Most of them have completed their course based on the educational loan availed

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by them. The issue in this writ petition pertains to granting the benefit of interest waiver to the loanees in terms of guidelines issued by the Government of India for relief on interest outstanding component on 31.12.2013 for all the education loan sanctioned

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availed up to 31.3.2009. In the budget 2014-15, the Central Government have introduced the Central Scheme for Interest Subsidy (CSIS) in respect of education loans which were availed up to 31.3.2009 and outstanding up to 31.12.2013. By which Government took over the burden of interest for the duration of the

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period of study and a little beyond. Therefore, the Government provided moratorium period for all education loans taken up to

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W.P.(C).Nos. 16538 & 16973 of 2014

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31.3.2009 and outstanding on 31.12.2013. The Government took

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over the liability of outstanding interest as on 31.12.2013. The

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borrower would have to pay the interest for the period after

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1.1.2014. The issue in this writ petition is regarding granting benefit of waiver interest for the students who have taken loan before 31.3.2009 and remained unpaid until 31.12.2013. According

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to the petitioners, respondents failed to grant the benefit to the petitioners.

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In this matter a detailed statement filed on behalf of the

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State Bank of Travancore. It is submitted that bank did not deny any benefit to the petitioners. On the other hand, the bank insisted

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for production of certain documents based on R1 (a) guidelines issued by the Government of India. In R1 (a) the benefit is restricted to the students belonged to economically weaker section and whose parental/family income is below Rs.4.5 lakhs as on the date of availing loan. However it is stipulated that an income Certificate lies with the student/parents claiming relief under the

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W.P.(C).Nos. 16538 & 16973 of 2014

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scheme. Income proof, in the form of Income Certificate Issuing Authorities (ICIA) as designated by the respective State

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Governments under the existing CSIS shall be required from the

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students.

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It seems bank has also drafted an agreement in consensus with the guidelines. Therefore, it is submitted that borrowers which include all the parties will have to execute an agreement in the format. It is submitted that the only income proof and agreement need to be produced for granting the benefit. However the petitioner fails to produce income proof certificate. I have also gone through R1 (c) agreement. I do not find any other

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reason for refusing to execute R1(c) agreement by the parties. The petitioner submits that they alone need to execute agreement and their parents who have executed the agreement cannot be asked to

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execute the agreement. Prima facie I think, this is not correct. The benefit of loan in which subsidees is given to the borrower, and they are all the parties to the loan transaction with the bank.

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¶108

W.P.(C).Nos. 16538 & 16973 of 2014

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Therefore, wherever the parents and others who are parties to the loan agreement, necessarily they all have to execute the agreement. However the petitioner need not produce any document other than the income proof.

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It is submitted by the learned Standing Counsel for the Nodal Bank in W.P.(C) No.16973 of 2014, last date for claiming benefit under the interest subsidy was 31.8.2014. However it is submitted by the Standing Counsel for the 1^st respondent bank that they have already forwarded the claims of the parties and they could not grant benefit only due to the delay in obtaining income proof certificate and execution of agreement of petitioner.

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Therefore, there shall be a direction to the respondent bank to process any application based on the agreement being executed by all the parties to the loan agreement and also producing income proof. If the petitioner executing the agreement by the persons who all are the parties to the loan transaction, necessary benefit shall be granted to the petitioner. The petitioner

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¶113

W.P.(C).Nos. 16538 & 16973 of 2014

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shall produce income proof and execute the agreement within two weeks from the date of receipt of a copy of this judgment. Thereafter the application shall be processed for interest subsidy within a further period of two weeks.

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The writ petition is disposed of.

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A.MUHAMED MUSTAQUE, JUDGE

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jm/

Aswathy a. v. State Bank of Travancore

Case brief

What is this about?

What did the court decide?

Aswathy a. v. State Bank of Travancore

Case brief

What is this about?

What did the court decide?

What the court decided

A compact analysis

Issues for consideration

Parties & counsel

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Case details

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