Allowed
Jisha George, v. the Federal Bank Ltd.
Kerala HCWP(C)/40768/2022
Case brief
AI extract
What is this about?
The Court allowed the writ petition filed by a petitioner who defaulted on a Kissan credit loan. Considering the adverse impact of the pandemic and lockdown, the Court disposed of the petition by granting relief to repay the outstanding amount in 15 monthly installments, directing recovery proceedings to be kept on hold upon compliance.
What did the court decide?
Petitioner to repay the entire outstanding amount of Rs.7,22,827/- with interest and cost, if any, in 15 equated monthly installments, starting on or before 21.01.2023.