Latest Loan Repayment News & Updates

Kolkata, June 22 (IANS) A housewife, Bharati Hazra, was hacked to death in Howrah district’s Shibpur area for allegedly failing to repay a loan in full in one go, said the police on Monday.According to the police, the murder took place on Sunday evening. The deceased woman’s husband alleged that she was murdered because she could not repay the loan in one instalment.The police are trying to find the killer by examining the CCTV footage of the area.According to local sources, on Sunday evening, f…

New Delhi, March 20 (IANS) The Supreme Court has quashed criminal proceedings against a Gujarat-based man accused of abetting suicide over alleged harassment for repayment of loans, holding that mere demand for repayment of debt cannot constitute abetment.Allowing the appeal filed by Dhirubhai Nanjibhai Patel Lotwala, a bench of Justices Manoj Misra and Manmohan set aside the Gujarat High Court’s order, which had refused to quash the FIR and subsequent proceedings under Sections 306 and 506(2)…