N.Sai Karthikeya v. The Canara Bank

2025:MHC:501

IN THE HIGH COURT OF JUDICATURE AT MADRAS

DATED : 21.02.2025

CORAM

THE HONOURABLE MR.JUSTICE D.BHARATHA CHAKRAVARTHY N.Sai Karthikeya ... Petitioner Vs.

1. The Canara Bank, Represented by its Chief Manager, Peria Kancheepuram Branch, No.126, West Raja Street, Periya Kancheepuram, Kanchipuram - 631 502.

2. The Canara Bank, RAH (Retail Assets Hub) Vellore Branch, Represented by its Chief Branch Manager, No.92-P, 6th West Cross Road, Gandhi Nagar, Vellore - 632 006.

3. The Canara Bank, RAH (Retail Assets Hub) Tambaram Branch, Represented by its Chief Branch Manager, No.245, Mudichur Road, HO West, Tambaram, Chennai - 600 045.

... Respondents [R2 and R3 impleaded vide order dated 21.02.2025] Prayer: Writ Petition is filed under Article 226 of the Constitution of India, to issue a Writ of Mandamus, directing the respondent Bank to sanction the

Educational loan for the writ petitioner based on his application in Application No.2814982 dated 31.12.2024 for a sum of Rs.29,82,400/- (Rupees Twenty Nine Lakhs Eighty Two Thousand and Four Hundred only), for pursuing his Masters course in Embedded Systems and Technology at Esigelec University at France, in a time bound manner to be stipulated by this Hon'ble Court.

For Petitioner : Mr.D.Ravichander For Respondent : Mr.M.L.Ganesh

O R D E R

When the matter came up for hearing, the learned counsel appearing on behalf of the respondent Bank would submit that the Bank is considering the grant of educational loan as per its rules and parameters. If adequate security and other requirements are complied with, the loan will be processed and sanctioned as per law.

2. The learned counsel for the petitioner would also add that security has already been provided. In view thereof, the respondent Bank shall process the application as per their terms and Rules and if the petitioner is found to eligible, sanction the educational loan.

3. Accordingly, this writ petition is disposed of. No costs. 21.02.2025 skr To

1. The Chief Manager, The Canara Bank, Peria Kancheepuram Branch, No.126, West Raja Street, Periya Kancheepuram, Kanchipuram - 631 502.

2. The Chief Branch Manager, The Canara Bank, RAH (Retail Assets Hub) Vellore Branch, No.92-P, 6th West Cross Road, Gandhi Nagar, Vellore - 632 006.

3. The Chief Branch Manager, The Canara Bank, RAH (Retail Assets Hub) Tambaram Branch, No.245, Mudichur Road, HO West, Tambaram, Chennai - 600 045.

D.BHARATHA CHAKRAVARTHY, J.

skr 21.02.2025 (2/2)