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Mahadevi Chidambaranathan   23 July 2023

Waiver of loan

Is there any supreme court or high court guidelines on waiver of loan by banks?


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Quick Summary
This discussion explores whether Supreme Court or High Court guidelines exist for loan waivers by banks. The consensus is that courts generally do not have the power to waive loans directly. The participants highlight the need for specific facts and context to understand the nuances of loan waiver policies and potential legal avenues.

 3 Replies

Mr. Sumitra kumar

Mr. Sumitra kumar (Advocate)     23 July 2023

@Querist,

The courts cannot interfere in such matters. 

 

Thank you.

T. Kalaiselvan, Advocate

T. Kalaiselvan, Advocate (Advocate)     23 July 2023

High court or supreme court  do not have powers to waive the loan

P. Venu

P. Venu (Advocate)     25 July 2023

What are the facts? What is the context?


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