Suraj A.M v. Reserve Bank of India
Case brief
What is this about?
In this writ petition, the petitioner sought a direction to close his loan accounts with the Reserve Bank of India and Dewan Housing Finance Corporation. The court noted that the respondent bank had no objection to the closure. Consequently, the court allowed the petition, enabling the petitioner to approach the respondents for account closure and directing them to expedite the process.
What did the court decide?
The petitioner is free to approach the respondents to close the accounts; respondents directed to co-operate and expedite proceedings.