Mr. Sanjay Kishan Kaul, CJ. (Oral) - Education is an instrument of empowerment. This is the philosophy behind various steps taken by the Government of India and the State Governments for furtherance of education to empower the young generation. Unfortunately, the inadequacy of educational institutions as well as absence of requisite quality is, again, a matter of common knowledge. For years, no attention was paid to the important aspect of ensuring adequate remuneration to the teaching faculty, with the result that persons never took to teaching. One fine day, we could not have produced the requisite number of teaching faculty to meet the needs of teaming millions of new generation.

2. The aforesaid is the principal reason why, at great cost and personal inconvenience, parents are sending their young ones for education abroad. Australia is one such destination. It is to advance the career of their son that the petitioners applied for a loan of Rs.13,00,000/-, which was duly sanctioned by letter dated 23.11.2006. In order to ensure due repayment of the loan, a small Chemist shop was mortgaged, which is the livelihood of the petitioners, aged 62 and 55 years, respectively. T