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2013 Supreme(Mad) 2111

N.PAUL VASANTHAKUMAR, P.DEVADASS
Regional Manager, State Bank of India – Appellant
Versus
R. Vijai Priya – Respondent


Advocates appeared:
For the Appellants:S. Sethuraman, Advocate.
For the Respondents:R1, I. Robert Chandrakumar, Advocate.

JUDGMENT :-

P. Devadass, J.

This Writ Appeal has been directed against the order dated 06.06.2013 of the Writ Court in W.P.(MD).No.1487 of 2013, whereunder the second appellant/second respondent in the Writ Petition has been directed to sanction an educational loan of Rs.4,45,700/- to the first respondent/writ petitioner.

2. The writ petitioner lost her father untimely but not her will to pursue her higher studies. But, has no wherewithal to withstood the onslaughts of financial constraints. So, she set her eyes on the State Bank of India, Bodinayakanur.

3. Successfully she gained admission in the AICTE approved MCA course in Bannari Amman Institute of Technology, Sathyamangalam, a reputed educational institution. It is three years course, comprising 2012-2013, 2013-2014 and 2014-2015.

4. According to the statement of expenditure issued by the said educational institution dated 25.08.2012, the entire expenditure comes to Rs.4,45,700/-. As she has no means to meet this much expenditure, on 03.10.2012, she sought for educational loan from the second appellant. There was long parleys. Ultimately, she was sanctioned only Rs.1,20,339/-. Thus, she knocked the doors of the Writ Court filin











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