Karunakaran.A v. The Branch Manager

BEFORE THE MADURAI BENCH OF MADRAS HIGH COURT DATED : 19.12.2022

CORAM:

THE HONOURABLE MR.JUSTICE D.KRISHNAKUMAR and THE HONOURABLE MR.JUSTICE R.VIJAYAKUMAR A.Karunakaran ... Petitioner Vs.

The Branch Manager, Fincare Small Finance Bank, Near VVV Theatre, Pon Nagar, Dindigul Main Road, Trichy - 620001 ... Respondent PRAYER : Petition filed under Article 226 of the Constitution of India, to issue a Writ of Mandamus, directing the respondent to consider the petitioner's representation dated 10.10.2022 to extend the benefit of one time settlement scheme to him in respect of the Loan Account No.18660000015915.

For Petitioner :

Mr.T.Lenin Kumar For Respondent :

Mr.B.Rajesh Saravanan,

O R D E R

[Order of the Court was made by D.KRISHNAKUMAR, J.] This Writ Petition has been filed for issuance of a Writ of Mandamus, directing the respondent to consider the petitioner's representation dated 10.10.2022 to extend the benefit of one time settlement scheme to him in respect of the Loan Account No.18660000015915.

2. The learned counsel appearing for the petitioner submitted that though the petitioner made a representation on 10.10.2022 to the respondent, seeking to extend the benefit of One Time Settlement to him, till date, the same has not been considered by the respondent bank. Hence, the petitioner has filed this Writ Petition.

3. The learned counsel appearing for the respondent bank submitted that the representation of the petitioner dated 10.10.2022 would be considered on merits and in accordance with the Rules.

4. Considering the aforesaid submissions, this Court without going into the merits of the matter, directs the respondent to consider the representation of the petitioner dated 10.10.2022, on merits and in accordance with the RBI norms, within a period of eight (8) weeks from the date of receipt of a copy of this order.

5. With the above direction, this Writ Petition is disposed of. No costs. [D.K.K., J.] [R.V., J.] 19.12.2022 Index : Yes / No Internet : Yes / No vsm

D.KRISHNAKUMAR , J.

and R.VIJAYAKUMAR, J.

vsm To The Branch Manager, Fincare Small Finance Bank, Near VVV Theatre, Pon Nagar, Dindigul Main Road, Trichy - 620001 19.12.2022