ABDUL QUDDHOSE
S. Keerthivasan (Minor), Rep. by its, Natural Guardian D. Senthil Kumar – Appellant
Versus
Reserve Bank of India, Rep. by its Regional Director, Chennai – Respondent
JUDGMENT :
(Prayer: Writ Petition filed under Article 226 of the Constitution of India, for issuance of a Writ of Certiorarified Mandamus to call for the records order passed by the 3rd respondent number nil dated 02.01.2020 and quash the same and further direction directing to the respondents 1st to 3rd to disbursed the educational loan to the petitioner's son to complete the studies of Commercial PILOT License (CPL) Course at Indra Gandhi Rastriya Udan Academy Institute at Uttrapradesh).
1. This writ petition has been filed challenging the order dated 02.01.2020 passed by the third respondent rejecting the petitioner's Education Loan application on the following grounds:
(a) There is downturn in aviation industry and the employment prospects after course completion are dim.
(b) According to market reports, many airlines are presently in financial strain and unable to pay salary to existing pilots on time.
(c) Since the course is a specialized one and does not qualify as a regular undergraduate degree, opportunities for finding alternate means of employment in other fields are limited.
(d) The repayment capacity of the parents (co-borrowers) of the student, in case of failure on part o
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