IN THE HIGH COURT OF KERALA AT ERNAKULAM
WP(C).No. 32982 of 2008(B)
1. MATHEW.J.KALLIVAYALIL,
... Petitioner
2. JOSE MATHEW, S/O.MATHEW.J.KALLIVAYALIL,
Vs
1. THE SENIOR MANAGER, INDIAN OVERSEAS
... Respondent
2. THE CHIEF MANAGER, INDIAN OVERSEAS
3. RESERVE BANK OF INDIA, REPRESENTED
4. UNION OF INDIA, REPRESENTED BY
For Petitioner :SMT.C.G.BINDU
For Respondent :SRI.P.B.SURESH KUMAR
The Hon'ble MR. Justice V.GIRI
Dated :26/11/2008
O R D E R
V.GIRI,J.
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W.P ( C) No.32982 of 2008
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Dated this the 26th November, 2008
J U D G M E N T
Petitioners availed a loan from the 1st respondent Bank.
It seems that there was default in the repayment of the loan.
This writ petition has been filed seeking a direction to the
respondents to issue a copy of loan agreement and also for
a direction to reduce the rate of interest from 11 % to 8.5%.
2. Learned counsel for the Bank submits that a copy
of the loan agreement shall be supplied subject to the
petitioners or their authorized representative approaching
the Bank Manager. They shall be given a statement of
accounts clearly indicating the manner in which the interest
has been worked out. Submission is recorded.
3. Learned counsel for the Bank submits that this
shall be done the date on which the authorized
representative approaches the Bank Manager. No further
issue survives in this writ petition.
Accordingly, the writ petition is closed.
(V.GIRI,JUDGE)
ma
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