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Showing contexts for: NHB in Pawan Kumar vs National Housing Bank on 2 March, 2026Matching Fragments
d) Direct the Respondent Bank/financial institutions and respondent no. 4 to correct the CIBIL score of the petitioners;
e) Direct the Respondent Bank/ financial institutions not to take any coercive action against the petitioners under SARFAESI Act, 2002 and NI Act, 1881;
f) Issue appropriate writ, direction or order directing the RBI & NHB to inquire or appoint a committee to inquire the connivance of Respondent Bank/financial institutions with Respondent Developer in relation to disbursement of Loan amount without verifying the construction or due diligence of the Respondent Developer;
g) Issue appropriate writ, direction or order directing the RBI & NHB to instruct all the banks/financial institution/ non-banking financial companies to restructure all loan accounts availed by the petitioners on its projects to protect the interest of home buyers;-5-
NC: 2026:KHC:12571 HC-KAR
h) Issue appropriate order or direction against Respondent bank for violating the rules and regulations laid down by the Respondent Nos. 1 and 2 as regulator for the banking sector;
(d) The prayers at clauses (f), (g) and (h), seeking directions against the RBI and NHB to NC: 2026:KHC:12571 HC-KAR conduct inquiries, frame restructuring schemes, or initiate regulatory action against the Bank, pertain to policy and supervisory functions of statutory regulators. Such omnibus directions cannot be issued at the instance of an individual borrower in a private contractual dispute.
(e) The relief at clause (j), seeking restraint against the Directors of the developer from leaving the country, is in the nature of a coercive or preventive measure, which can only be considered by a competent criminal court or appropriate forum upon satisfaction of statutory requirements, and not in a writ petition of the present nature.