N. Rajendran, v. The Branch Manager

ORDER Heard the learned counsel appearing for the petitioner.

¶2The prayer in the writ petition is for directing the respondent to consider the petitioner's claim for one time settlement. He also wants the benefit of the waiver scheme. The petitioner had availed a Tractor loan from the respondent.

¶3The prayer made in this writ petition cannot be entertained. It has been held in more than one case that it is not for the writ Court to direct the creditor bank to enter into one time settlement with the borrowers. The petitioner's remedy lies elsewhere.

¶4This writ petition is dismissed. There shall be no order as to costs.

04.07.2023 Index : Yes / No Internet : Yes / No NCC : Yes / No MGA

G.R.SWAMINATHAN, J. MGA

04.07.2023

BEFORE THE MADURAI BENCH OF MADRAS HIGH COURT DATED : 04.07.2023 CORAM THE HONOURABLE MR.JUSTICE G.R.SWAMINATHAN N.Rajendran ... Petitioner Vs The Branch Manager State Bank of India, Eriyur Branch, Sivagangai District. ... Respondent Prayer: Writ Petition filed under Article 226 of the Constitution of India praying to issue a Writ of Mandamus, directing the respondents to consider the Petitioner's claim for one time settlement with benefits of waiver scheme in connection with Account No. 30486226613 for Tractor Loan within the period prescribed by this Court. For Petitioner : Mr.R.Venkatesan For Respondent : No Appearance