Manojit Bhuyan, J.

Heard Mr. N Nath, learned counsel representing the petitioner. Also heard Mr. S Chamaria, learned counsel representing all the respondents. The same set of counsels represent the respective parties in both the cases, which are taken up together and decided by this common order. Barring a few facts, both the writ petitions are laid on the same premises in so far as the grounds of challenge are concerned.

2. The petitioner was a Bank Officer who had retired from service on 31.12.2012 in his capacity as the Senior Manager, Zonal Office of UCO Bank, Guwahati. While he was in service as Senior Manager of Dhaligaon Branch, UCO Bank, his son, i.e., Sri Debabrata Goswami had applied for Education Loan to the Dhaligaon Branch for an amount of Rs. 4 lakhs. The said Education Loan was sought for the purpose of pursuing B.Tech Course at Chennai. The petitioner herein stood as the Guarantor to the said loan. The application of the son of the petitioner was duly forwarded to the Zonal Office and the said Zonal Office, in turn, sanctioned the Education Loan of Rs. 4 lakhs. A loan agreement to that effect was executed by and between the parties. As indicated abov