Disposed
Manoj Kumar Mahapatra v. Regional Manager, Rbi, Bbsr
Orissa HCWP(C)/4080/2024
Case brief
AI extract
What is this about?
A loanee sought a direction to his financer to release a seized vehicle on payment of half the outstanding dues. The Court directed the petitioner to approach the Regional Manager with a proposal; the financer was to prepare a repayment schedule and release the vehicle on satisfaction, with interim protection against third-party interests.
What did the court decide?
Petitioner directed to approach OP No.2 within two weeks; financer to prepare repayment schedule, consider sympathetically within one month, and release vehicle OD-15-N-8164 on payment; interim bar on