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Halts Recovery Actions if Payments Are Made on Time: Balances Borrower’s Hardship and Bank’s Right to Recover Money

Home - Halts Recovery Actions if Payments Are Made on Time: Balances Borrower’s Hardship and Bank’s Right to Recover Money

Kerala High Court Lets Borrower Repay Loan in Instalments, Halts Recovery Actions if Payments Are Made on Time: Balances Borrower’s Hardship and Bank’s Right to Recover Money
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Kerala High Court Lets Borrower Repay Loan in Instalments, Halts Recovery Actions if Payments Are Made on Time: Balances Borrower’s Hardship and Bank’s Right to Recover Money

Court's Decision The Kerala High Court allowed the petitioner to repay the outstanding loan of ₹6,15,664 in 12 consecutive and equal monthly instalments. The repayment would include accrued interest and…
Posted by Rawlaw December 24, 2024

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