{"id":336093,"date":"2024-11-27T15:00:45","date_gmt":"2024-11-27T09:30:45","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=336093"},"modified":"2024-12-04T16:56:40","modified_gmt":"2024-12-04T11:26:40","slug":"sbi-to-pay-1-lakh-compensation-for-not-returning-title-deeds-after-loan-settlement-orissa-hc","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2024\/11\/27\/sbi-to-pay-1-lakh-compensation-for-not-returning-title-deeds-after-loan-settlement-orissa-hc\/","title":{"rendered":"Orissa High Court directs SBI to pay Rs. 1 Lakh compensation for not returning title deeds of mortgaged property after loan settlement"},"content":{"rendered":"
\n

Orissa High Court:<\/span> In an application under Articles 226<\/a> and 227<\/a> of the Constitution<\/a> seeking a direction to the State Bank of India (‘Bank’) for returning the original mortgaged title deeds submitted by the petitioner at the time of availing the loan, Dr. SK Panigrahi<\/span>, J. allowed the petition and directed the Bank to return title deeds of the petitioner forthwith, at any rate within one month. The Court stated that after his retirement, the petitioner was forced to endure daily struggles to recover his original documents, facing undue hardship and inconvenience, hence the Bank was directed to pay Rs. 1,00,000\/- as compensation.<\/p>\n

Background<\/h3>\n

In 1986, the petitioner availed a Rs.72,000\/- loan from the Bank. As per the requirement, the petitioner had mortgaged his property’s original title deeds. Since the petitioner failed to pay the loan in time, the loan account became NPA. Hence, the Bank initiated proceedings before a Court in Cuttack for recovery of Rs. 2,50,592.25. Upon the institution of the aforesaid proceeding, the Bank as per the guidelines of the Reserve Bank of India floated a One Time Settlement Scheme for settlement of the loan accounts already declared as NPA.<\/p>\n

The petitioner applied for settlement of the loan outstanding dues as per the said scheme. Accordingly, the loan outstanding dues of the petitioner were settled at a sum of Rs.1,06,337\/-. A communication in that regard was also made to the petitioner by the Assistant General Manager vide letter dated 26-07-2010. The AGM also issued a “No Due Certificate” in favour of the petitioner. Subsequently, the petitioner approached the Bank for documents i.e. original mortgaged title deeds. However, despite several efforts, the Bank did not return the documents to the petitioner.<\/p>\n

Analysis and Decision<\/h3>\n

The Court noted that the petitioner made numerous representations to the Bank officials, relentlessly seeking the return of his documents, but his efforts were met with disdainful neglect. Despite his persistence, including frequent personal visits and countless letters, the original documents were never returned. The Court said that Bank authorities were playing hide and seek with the petitioner. The Court called the Bank’s approach in such matters as ‘casual’.<\/p>\n

The Court stated that since the loan account was closed by repayment and the Bank’s interest consequent to the mortgage of the property was fully protected, the title deed deposited by the petitioner with the Bank creating a mortgage was no longer required.<\/p>\n

The Court added that the Bank’s claim that they could not return the title deed due to the loan account being classified as NPA and the ongoing proceedings, the Court refused to accept the same, as the loan account was settled and closed. Hence, considering the hardships faced in retrieving the documents despite no fault of his own, and his age, the Court directed the Bank to pay the petitioner a sum of Rs.1,00,000\/- as compensation within 30 days from the date of presentation of a copy of this judgment. Additionally, the Bank was directed to take prompt and effective measures to return the original or duplicate documents to the petitioner within one month.<\/p>\n

[Sujit Kumar Ghosh v. Union of India, 2024 SCC OnLine Ori 2632<\/a>, decided on: 08-11-2024<\/span>]<\/p>\n

Judgment authored by: Justice SK Panigrahi<\/span><\/strong><\/p>\n

Buy Constitution of India  HERE<\/a><\/h3>\n

\"Constitution<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

“Once the loan was resolved, there was no legal reason for the Bank to withhold the return of the title deed, regardless of the pending litigation. Therefore, the refusal to return the document is unjustifiable.”<\/p>\n","protected":false},"author":67517,"featured_media":315154,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3,10],"tags":[2728,75701,75700,46901,37146,10971,34954,46182],"class_list":["post-336093","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-casebriefs","category-highcourts","tag-compensation","tag-justice-sk-panigrahi","tag-loan-settlement","tag-mortgaged-property","tag-orissa-high-court","tag-sbi","tag-state-bank-of-india","tag-title-deeds"],"yoast_head":"\nSBI to pay 1 Lakh compensation for not returning title deeds after loan settlement: Orissa HC | SCC Times<\/title>\n<meta name=\"description\" content=\"Orissa High Court directed SBI to pay Rs. 1 Lakh compensation for not returning title deeds of mortgaged property after loan settlement\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.scconline.com\/blog\/post\/2024\/11\/27\/sbi-to-pay-1-lakh-compensation-for-not-returning-title-deeds-after-loan-settlement-orissa-hc\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Orissa High Court directs SBI to pay Rs. 1 Lakh compensation for not returning title deeds of mortgaged property after loan settlement\" \/>\n<meta property=\"og:description\" content=\"Orissa High Court directed SBI to pay Rs. 1 Lakh compensation for not returning title deeds of mortgaged property after loan settlement\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.scconline.com\/blog\/post\/2024\/11\/27\/sbi-to-pay-1-lakh-compensation-for-not-returning-title-deeds-after-loan-settlement-orissa-hc\/\" \/>\n<meta property=\"og:site_name\" content=\"SCC Times\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/scc.online\/\" \/>\n<meta property=\"article:published_time\" content=\"2024-11-27T09:30:45+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-12-04T11:26:40+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/02\/Orissa-High-Court.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"887\" \/>\n\t<meta property=\"og:image:height\" content=\"591\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Editor\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Orissa High Court directs SBI to pay Rs. 1 Lakh compensation for not returning title deeds of mortgaged property after loan settlement\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Editor\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2024\/11\/27\/sbi-to-pay-1-lakh-compensation-for-not-returning-title-deeds-after-loan-settlement-orissa-hc\/\",\"url\":\"https:\/\/www.scconline.com\/blog\/post\/2024\/11\/27\/sbi-to-pay-1-lakh-compensation-for-not-returning-title-deeds-after-loan-settlement-orissa-hc\/\",\"name\":\"SBI to pay 1 Lakh compensation for not returning title deeds after loan settlement: Orissa HC | SCC Times\",\"isPartOf\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2024\/11\/27\/sbi-to-pay-1-lakh-compensation-for-not-returning-title-deeds-after-loan-settlement-orissa-hc\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2024\/11\/27\/sbi-to-pay-1-lakh-compensation-for-not-returning-title-deeds-after-loan-settlement-orissa-hc\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/02\/Orissa-High-Court.webp\",\"datePublished\":\"2024-11-27T09:30:45+00:00\",\"dateModified\":\"2024-12-04T11:26:40+00:00\",\"author\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/84913f82186a8dea042dc300d5751624\"},\"description\":\"Orissa High Court directed SBI to pay Rs. 1 Lakh compensation for not returning title deeds of mortgaged property after loan settlement\",\"breadcrumb\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2024\/11\/27\/sbi-to-pay-1-lakh-compensation-for-not-returning-title-deeds-after-loan-settlement-orissa-hc\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.scconline.com\/blog\/post\/2024\/11\/27\/sbi-to-pay-1-lakh-compensation-for-not-returning-title-deeds-after-loan-settlement-orissa-hc\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2024\/11\/27\/sbi-to-pay-1-lakh-compensation-for-not-returning-title-deeds-after-loan-settlement-orissa-hc\/#primaryimage\",\"url\":\"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/02\/Orissa-High-Court.webp\",\"contentUrl\":\"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/02\/Orissa-High-Court.webp\",\"width\":887,\"height\":591,\"caption\":\"Orissa High Court\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2024\/11\/27\/sbi-to-pay-1-lakh-compensation-for-not-returning-title-deeds-after-loan-settlement-orissa-hc\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.scconline.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Orissa High Court directs SBI to pay Rs. 1 Lakh compensation for not returning title deeds of mortgaged property after loan settlement\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.scconline.com\/blog\/#website\",\"url\":\"https:\/\/www.scconline.com\/blog\/\",\"name\":\"SCC Times\",\"description\":\"Bringing you the Best Analytical Legal News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.scconline.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/84913f82186a8dea042dc300d5751624\",\"name\":\"Editor\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/d822f35f9fcd11386aa47345cde7945e45a64da7205eebe9784f21d0cd223603?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/d822f35f9fcd11386aa47345cde7945e45a64da7205eebe9784f21d0cd223603?s=96&d=mm&r=g\",\"caption\":\"Editor\"},\"url\":\"https:\/\/www.scconline.com\/blog\/post\/author\/scc-online-editor\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"SBI to pay 1 Lakh compensation for not returning title deeds after loan settlement: Orissa HC | SCC Times","description":"Orissa High Court directed SBI to pay Rs. 1 Lakh compensation for not returning title deeds of mortgaged property after loan settlement","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.scconline.com\/blog\/post\/2024\/11\/27\/sbi-to-pay-1-lakh-compensation-for-not-returning-title-deeds-after-loan-settlement-orissa-hc\/","og_locale":"en_US","og_type":"article","og_title":"Orissa High Court directs SBI to pay Rs. 1 Lakh compensation for not returning title deeds of mortgaged property after loan settlement","og_description":"Orissa High Court directed SBI to pay Rs. 1 Lakh compensation for not returning title deeds of mortgaged property after loan settlement","og_url":"https:\/\/www.scconline.com\/blog\/post\/2024\/11\/27\/sbi-to-pay-1-lakh-compensation-for-not-returning-title-deeds-after-loan-settlement-orissa-hc\/","og_site_name":"SCC Times","article_publisher":"https:\/\/www.facebook.com\/scc.online\/","article_published_time":"2024-11-27T09:30:45+00:00","article_modified_time":"2024-12-04T11:26:40+00:00","og_image":[{"width":887,"height":591,"url":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/02\/Orissa-High-Court.jpg","type":"image\/jpeg"}],"author":"Editor","twitter_card":"summary_large_image","twitter_title":"Orissa High Court directs SBI to pay Rs. 1 Lakh compensation for not returning title deeds of mortgaged property after loan settlement","twitter_misc":{"Written by":"Editor","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.scconline.com\/blog\/post\/2024\/11\/27\/sbi-to-pay-1-lakh-compensation-for-not-returning-title-deeds-after-loan-settlement-orissa-hc\/","url":"https:\/\/www.scconline.com\/blog\/post\/2024\/11\/27\/sbi-to-pay-1-lakh-compensation-for-not-returning-title-deeds-after-loan-settlement-orissa-hc\/","name":"SBI to pay 1 Lakh compensation for not returning title deeds after loan settlement: Orissa HC | SCC Times","isPartOf":{"@id":"https:\/\/www.scconline.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2024\/11\/27\/sbi-to-pay-1-lakh-compensation-for-not-returning-title-deeds-after-loan-settlement-orissa-hc\/#primaryimage"},"image":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2024\/11\/27\/sbi-to-pay-1-lakh-compensation-for-not-returning-title-deeds-after-loan-settlement-orissa-hc\/#primaryimage"},"thumbnailUrl":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/02\/Orissa-High-Court.webp","datePublished":"2024-11-27T09:30:45+00:00","dateModified":"2024-12-04T11:26:40+00:00","author":{"@id":"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/84913f82186a8dea042dc300d5751624"},"description":"Orissa High Court directed SBI to pay Rs. 1 Lakh compensation for not returning title deeds of mortgaged property after loan settlement","breadcrumb":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2024\/11\/27\/sbi-to-pay-1-lakh-compensation-for-not-returning-title-deeds-after-loan-settlement-orissa-hc\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.scconline.com\/blog\/post\/2024\/11\/27\/sbi-to-pay-1-lakh-compensation-for-not-returning-title-deeds-after-loan-settlement-orissa-hc\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.scconline.com\/blog\/post\/2024\/11\/27\/sbi-to-pay-1-lakh-compensation-for-not-returning-title-deeds-after-loan-settlement-orissa-hc\/#primaryimage","url":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/02\/Orissa-High-Court.webp","contentUrl":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/02\/Orissa-High-Court.webp","width":887,"height":591,"caption":"Orissa High Court"},{"@type":"BreadcrumbList","@id":"https:\/\/www.scconline.com\/blog\/post\/2024\/11\/27\/sbi-to-pay-1-lakh-compensation-for-not-returning-title-deeds-after-loan-settlement-orissa-hc\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.scconline.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Orissa High Court directs SBI to pay Rs. 1 Lakh compensation for not returning title deeds of mortgaged property after loan settlement"}]},{"@type":"WebSite","@id":"https:\/\/www.scconline.com\/blog\/#website","url":"https:\/\/www.scconline.com\/blog\/","name":"SCC Times","description":"Bringing you the Best Analytical Legal News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.scconline.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/84913f82186a8dea042dc300d5751624","name":"Editor","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/d822f35f9fcd11386aa47345cde7945e45a64da7205eebe9784f21d0cd223603?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/d822f35f9fcd11386aa47345cde7945e45a64da7205eebe9784f21d0cd223603?s=96&d=mm&r=g","caption":"Editor"},"url":"https:\/\/www.scconline.com\/blog\/post\/author\/scc-online-editor\/"}]}},"jetpack_featured_media_url":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2024\/02\/Orissa-High-Court.webp","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":288038,"url":"https:\/\/www.scconline.com\/blog\/post\/2023\/03\/28\/bank-cannot-retain-security-documents-after-closure-of-home-loan-kerala-hc-legal-research-legal-news-updates\/","url_meta":{"origin":336093,"position":0},"title":"Unilateral action of bank withholding security documents is illegal and arbitrary: Kerala High Court","author":"Editor","date":"March 28, 2023","format":false,"excerpt":"Kerala High Court held that once loan is repaid, the bank is not entitled to withhold the title deed merely on the grounds that the petitioner has transferred the property during the subsistence of mortgage.","rel":"","context":"In "Case Briefs"","block_context":{"text":"Case Briefs","link":"https:\/\/www.scconline.com\/blog\/post\/category\/casebriefs\/"},"img":{"alt_text":"Kerala High Court","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/03\/MicrosoftTeams-image-764.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/03\/MicrosoftTeams-image-764.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/03\/MicrosoftTeams-image-764.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2023\/03\/MicrosoftTeams-image-764.png?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":262882,"url":"https:\/\/www.scconline.com\/blog\/post\/2022\/03\/01\/borrowers-offer-to-pay-rs-71-lakhs-as-a-purchaser-of-mortgaged-property-will-not-discharge-him-from-entire-outstanding-liability-of-approx-1-8-crores-sc\/","url_meta":{"origin":336093,"position":1},"title":"Borrower\u2019s offer to pay Rs.71 lakhs as a purchaser of mortgaged property will not discharge him from entire outstanding liability of approx 1.8 crores: SC","author":"Editor","date":"March 1, 2022","format":false,"excerpt":"Supreme Court: The Division Bench of M. R. Shah* and Sanjiv Khanna, JJ., held that \u00a0the entire liability outstanding against the borrower could not be discharged on making the payment i.e. Rs.65.65 lakhs against the total dues Rs.1,85,37,218.80 and that the Division Bench of the High Court had erred in\u2026","rel":"","context":"In "Case Briefs"","block_context":{"text":"Case Briefs","link":"https:\/\/www.scconline.com\/blog\/post\/category\/casebriefs\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/03\/MicrosoftTeams-image-94.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/03\/MicrosoftTeams-image-94.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/03\/MicrosoftTeams-image-94.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/03\/MicrosoftTeams-image-94.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/03\/MicrosoftTeams-image-94.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":373824,"url":"https:\/\/www.scconline.com\/blog\/post\/2026\/01\/27\/sc-allows-widow-to-settle-loan-secure-property-article-142\/","url_meta":{"origin":336093,"position":2},"title":"Article 142 to the Rescue: SC allows Widow to Settle Loan & Secure Release of Mortgaged Property","author":"Ritu","date":"January 27, 2026","format":false,"excerpt":"\u201cThough the demand raised by the Bank is legally sustainable, we find that compliance thereof would lead to extreme hardship for the appellant.\u201d","rel":"","context":"In "Case Briefs"","block_context":{"text":"Case Briefs","link":"https:\/\/www.scconline.com\/blog\/post\/category\/casebriefs\/"},"img":{"alt_text":"SC allows widow to settle loan","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2026\/01\/SC-allows-widow-to-settle-loan.webp?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2026\/01\/SC-allows-widow-to-settle-loan.webp?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2026\/01\/SC-allows-widow-to-settle-loan.webp?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2026\/01\/SC-allows-widow-to-settle-loan.webp?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":258598,"url":"https:\/\/www.scconline.com\/blog\/post\/2021\/12\/16\/one-time-settlement-supreme-court-bank-borrower\/","url_meta":{"origin":336093,"position":3},"title":"No borrower can claim benefit of One Time Settlement Scheme as a right; Can’t encourage dishonest borrowers: SC","author":"Prachi Bhardwaj","date":"December 16, 2021","format":false,"excerpt":"\"If it is held that the borrower can still, as a matter of right, pray for benefit under the OTS Scheme, in that case, it would be giving a premium to a dishonest borrower.\"","rel":"","context":"In "Case Briefs"","block_context":{"text":"Case Briefs","link":"https:\/\/www.scconline.com\/blog\/post\/category\/casebriefs\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/07\/MicrosoftTeams-image-7-1.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/07\/MicrosoftTeams-image-7-1.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/07\/MicrosoftTeams-image-7-1.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/07\/MicrosoftTeams-image-7-1.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/07\/MicrosoftTeams-image-7-1.png?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":265507,"url":"https:\/\/www.scconline.com\/blog\/post\/2022\/04\/16\/no-offence-made-out-under-poa-act-against-bank-officials-who-misplaced-the-house-documents-and-title-deeds\/","url_meta":{"origin":336093,"position":4},"title":"No offence made out under POA Act against bank officials who misplaced the house documents and title deeds of a claimant as FIR does not show wilful Negligence by a public servant","author":"Editor","date":"April 16, 2022","format":false,"excerpt":"Andhra Pradesh High Court: C Praveen Kumar, J. allowed the petition and quashed the FIR in Crime No.294 of 2013 of II Town Police Station, Eluru. The facts of the case are such that the informant was working as Manager in Central Bank of India wherein he availed a housing\u2026","rel":"","context":"In "Case Briefs"","block_context":{"text":"Case Briefs","link":"https:\/\/www.scconline.com\/blog\/post\/category\/casebriefs\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/04\/Andhra-Pradesh-High-Court.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/04\/Andhra-Pradesh-High-Court.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/04\/Andhra-Pradesh-High-Court.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/04\/Andhra-Pradesh-High-Court.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/04\/Andhra-Pradesh-High-Court.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":225503,"url":"https:\/\/www.scconline.com\/blog\/post\/2020\/02\/12\/ker-hc-court-allows-disbursement-of-loan-amount-decided-under-an-expired-settlement-scheme-grants-extension-of-time-for-remitting-the-amount\/","url_meta":{"origin":336093,"position":5},"title":"Ker HC | Court allows disbursement of loan amount decided under an expired settlement scheme, grants extension of time for remitting the amount","author":"Bhumika Indulia","date":"February 12, 2020","format":false,"excerpt":"Kerala High Court: Alexander Thomas, J., considered a time extension sought by the petitioner for payment of the due amount and directed the petitioner to immediately disburse the loan amount to the respondent bank.\u00a0 The petitioner approached the Bench for reclaiming the possession of the property from the respondent Bank\u2026","rel":"","context":"In "Case Briefs"","block_context":{"text":"Case Briefs","link":"https:\/\/www.scconline.com\/blog\/post\/category\/casebriefs\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/336093","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/users\/67517"}],"replies":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/comments?post=336093"}],"version-history":[{"count":0,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/336093\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media\/315154"}],"wp:attachment":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media?parent=336093"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/categories?post=336093"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/tags?post=336093"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}