J U D G M E N T

Challenge in this writ petition is against Exts.P2 and P3 revenue recovery notices issued at the instance of the respondent Bank.

According to the petitioners, who are the parents of Smt.Jwala, an education loan of Rs.3,32,000/- was availed of by their daughter in 2004. The loan was for the purpose of completing her studies in B. SC Nursing at the Vivekananda College of Nursing, Bangalore. It is stated that after completing 3 years of her study, since the institute did not have recognition of the authorities, students including their daughter was debarred from appearing for the public examination. As a result, the student had to join another college in September, 2007 where she is now undergoing her course in the final year.

Meantime full amount of financial assistance from the Bank was availed of. On the allegation that default was committed in :2 :

the matter of repayment, revenue recovery proceedings are now initiated.

Petitioners challenge the revenue recovery proceedings on various grounds. First contention is that in terms of the scheme, the repayment is to start after one year of completion of studies or after 6 months of getting employment. It is stated that the