M. Gandhi, v. The Bank Manager
Case brief
What is this about?
This is a written order dismissing a writ petition filed by a defaulting borrower against a Bank. The petitioner challenged the Bank's threat to recover the entire loan amount without adhering to Section 13(2) of the SARFAESI Act, 2002. The Court dismissed the petition due to the vague and unverifiable nature of the petitioner's averments regarding undue pressure.
What did the court decide?
Prayer to declare the Bank's action illegal and direct restraint from harassment was dismissed.