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IN THE HIGH COURT OF CHHATTISGARH AT BILASPUR
Arvind Kumar Verma, J
Pawan Netam – Appellant
Versus
The Union Of India – Respondent
| Table of Content |
|---|
| 1. challenge against unauthorized banking actions leading to fraud (Para 2) |
| 2. violation of guidelines in sanctioning loans (Para 3 , 4) |
| 3. court directs remedies through the banking ombudsman (Para 6 , 7) |
| 4. final direction to halt coercive actions by banks (Para 8 , 9) |
Order on Board
30/06/2025
1. The present petition has been filed by the petitioners with the following relief(s):
10.1 The Hon’ble Court may kindly be pleased to call for the entire records leading to present case for the kind perusal of this Hon’ble Court.
10.2 The Hon’ble Court may further kindly be pleased to restrain the respondent-Banks from taking any coercive action against the petitioners
10.3 That Hon’ble Court may further be pleased to direct the Respondent No. 4 (Banking Ombudsman) to initiate enquiry / investigation against the Respondent Banks and their respective ofÏcers with respect to their involvement in the illegal disbursement of personal loans to the petitioner in gross violation of the notification, circular and guidelines issued by the Respondent No3 (Reserve Bank of India);
10.4 The Hon’ble Court may further kindly be pleased to direct the Respondent No. 1 & 2 to take necessary action t
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