No.91/11723/LIML/2018, dated 30.01.2018. Based on the said letter, the petitioner approached the Sub-Registrar, Dindigul, and got the property in Door No.8 (New No.48/C), Block No.47, East Gopal Nagar, YMR Patti, Siluvathur Road, Dindigul, registered as MOD by the registered MOD on 30.01.2018 in Document No.282. Immediately, after the registration, the petitioner got the MOD and handed over the same to the respondent. The respondent assured that loan amount would be disbursed within one month. Since no amount was deposited in the petitioner's bank account, the petitioner enquired it to the respondent and the respondent, in turn, reassured that the loan was under process. But, even after lapse of more than 7 months, no amount was disbursed from the respondent. Hence, the petitioner sent Advocate notice to the Bank for dispensing of the loan amount on 31.07.2018. After receiving the same, the respondent issued reply notice on 27.08.2018, stating that the petitioner was in default of loan totally to the tune of Rs.23,57,038/- as Consumer Loan, Gold Loan, Housing Loan and Small Business Loan and hence, the petitioner's CIBIL score was very low. In their reply notice, they had stated they have already informed the petitioner regarding the rejection of loan and without their permission, the petitioner registered MOD. Even after the issuance of permission letter dated 30.01.2018, the respondent Bank issued reply notice stating false statement alleging that the petitioner registered MOD without their knowledge. All the averments containing in the reply notice are false and imaginary and fabricated for escaping from the clutches of law. The respondent ought to have disbursed the loan or at least they have to give damage for the expenses incurred and mental agony suffered by the petitioner. The petitioner has spent more than Rs.25,000/- to obtain the loan. Moreover, as per the MOD, Encumbrance Certificate also stands in the name of the respondent Bank. Hence, the petitioner has approached this Court for the relief stated supra.
