2015 (6) TMI 1171 - HC - Indian Laws

Remittance of an amount of ₹ 3,50,000/-, out of which, ₹ 50,000/- was directed to be credited in the housing loan for regularising that loan account - Held that - Since a counter affidavit has already been filed by the appellants in the writ petition, which is pending before this Court, we are of the view that the matter need to be considered by the learned Single Judge. It is open for the bank to seek clarification/modification/vacation of the interim order, if so advised - appeal not entertained and is dismissed.

Summary

The High Court of Kerala heard a writ appeal against an interim order directing the remittance of Rs. 3,50,000, with Rs. 50,000 to be credited to a housing loan account. The court decided not to entertain the appeal at this stage and closed the matter.