Tuesday, July 17, 2018

Thalaignayiru branch of the SBI told to submit loan documents

Holding that the daughter of a man, who had defaulted in repaying the loans advanced by a particular bank on earlier occasions, is not eligible for a fresh educational loan, Justice S Vaidyanathan dis
By Siva Sekaran  17.07.2018

Express News Service

CHENNAI: Holding that the daughter of a man, who had defaulted in repaying the loans advanced by a particular bank on earlier occasions, is not eligible for a fresh educational loan, Justice S Vaidyanathan dismissed a writ petition last month. However, holding that the grant of educational loan is not a charity, the second bench of Justices Huluvadi G Ramesh and M Dhandapani on Monday directed the bank branch manager to appear before it on July 23.

Originally, A Deepika of Nagapattinam district had approached the High Court challenging the action of the Thalaignayiru branch of the SBI in rejecting her educational loan application on the ground that her father had defaulted in repaying the loans advanced by the branch to him on earlier occasions.
And the single judge upheld the action of the bank. Hence, the present writ appeal.

The bench directed the branch manager to appear with all records relating to the RBI guidelines on the sanction of the educational loan on July 23. According to petitioner, she approached the SBI in Thalaignayiru for an education loan of `3.40 lakh. Though an application along with relevant documents was submitted, the bank refused to grant the educational loan. Hence, the present appeal.


Suicide bids to garner the attention of authorities should be discouraged

Chennai: Making it clear that suicide attempt is an offence under Indian Penal Code, the Madras High Court, in an interim order, observed that it had become normal all these days threatening and resorting to this kind of twisting methods so as to grab the attention of the authorities. The court was hearing a petition filed by G Rajkumar who was fighting against the authorities seeking to remove encroachment, against which the petitioner consumed poison. Attempt to suicide is an offence under IPC, the judges said.

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