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IN THE HIGH COURT OF KERALA AT ERNAKULAM
BASANT BALAJI, J
SHAJI – Appellant
Versus
THE RESERVE BANK OF INDIA – Respondent
| Table of Content |
|---|
| 1. details of loan acquisition and npa classification. (Para 1 , 2 , 3) |
| 2. arguments on loan renewal and compliance with rbi guidelines. (Para 4 , 5 , 6) |
| 3. court's evaluation of bank policies regarding loan statuses. (Para 7 , 8 , 9 , 10) |
| 4. final ruling based on non-compliance with payment obligations. (Para 11 , 12) |
JUDGMENT
[WP(C) Nos.32373/2025, 32210/2025, 32242/2025 and 32331/2025]
(Dated this the 5th day of February 2026)
The petitioners in all these Petitions have availed crop loan/term loan for agricultural allied activities to the tune of Rs.30 lakhs in 2017 from the 3rd respondent bank. The primary security for the loan is the standing crops in the property. 25.50 cents of land and a multi-storeyed building therein in the name of M/s.Vyshakh International Hotel Private Limited was also offered as security. According to the petitioners, the loan accounts were properly maintained and were being renewed from time to time, and there are no arrears due to the bank. But surprisingly, the 3rd respondent bank had served a notice to the petitioners stating that the petitioners have failed to make the payment of principal and interest and other charges due to the bank, a
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