R. Sreekumaran Nair v. State Bank of India
Case brief
What is this about?
This court dismissed a writ petition filed by a petitioner seeking permission to repay a bank loan in instalments and to terminate proceedings. The bench found that no extraordinary circumstances existed to entertain such relief, noting that a similar petition was previously dismissed without prejudice, and directed the petitioner to approach the bank directly.
What did the court decide?
The writ petition for granting instalment facility and terminating proceedings was dismissed. The court directed the petitioner to approach the bank authorities for repayment arrangements.