Faiyaz Alam v. The State of Bihar
Case brief
What is this about?
In a writ petition seeking permanent injunction against the bank and direction to government respondents to pay dues, the High Court considered the petitioner's repayment proposal. Finding it reasonable, the court directed the petitioner to deposit Rs. 10 Lakhs and approach the bank for a settlement plan.
What did the court decide?
Petitioner directed to deposit Rs. 10 Lakhs, file repayment proposal with bank within two weeks; bank authorities directed to consider it within two months following natural justice.