following loans:-
"i) Individual Home Loans: Loan provided for the purpose of
construction and/or purchase of residential properties.
ii) Plot loans: Loans given ... bifurcation of loans
granted by assessee, income derived from loans granted A -
construction, B- purchase, E-Plot loan and F -Repairs loan , should be
considered
receipts.
3.2 The assessee is a co-operative housing society, who provide
houses/flats or housing loan to its members. The assessee society has
surplus ... interest on housing loan, 1) interest on loan
against deposit, 3) interest on RRC Decretal loans, and 4) interest on exigency
loans; are eligible
loan or any other loan provided by the Bank. In the event of any surplus remaining with the Bank after liquidating the outstanding loans ... appellant for housing loanees. From the Scheme it is also clear that even in the case of joint housing loan, the full loan amount will
failed to conduct Pre-sanction survey before
sanctioning Housing Loan and Post disbursement Inspection
and released installments without ensuring stage wise
constructions ... Accommodation loan was given by you to close loan account
sanctioned earlier.
ALLEGATION ON WHICH CHARGE NO.5 IS BASED
You sanctioned Housing loan
prima facie the petitioner appears not only to have processed the
housing loans in question but also submitted invalid/ false post-
sanction inspection reports ... alleged
housing loans, the Bank has disbursed the loan amounts related to
purchase of lands of five housing loan amounts (in the names of
different
registration of the premises ownership agreement and upon
sanction of her housing loan which was approved;
(ii) that the first purchaser (Defendant No.2) should ... ground that Banks would hesitate in giving a
housing loan.
5.19 Defendant No.1 by their letter dated 4th April, 2009, responded to the
Plaintiff
Tamil Nadu sanctioned a scheme known as Sri Lankan Repatriates Housing Loan for Sri Lankan refugees. The modus operandi of the said scheme ... sanctioning of housing loan/business loan to Sri Lankan repatriates and rendered wilful assistance to the beneficiary of the housing loan/business loan. Consequent upon
thereafter, in 1982 he was confirmed. The petitioner was advanced housing loan of Rs. 75,000/- in 1988 and as per the housing scheme, applicable ... Housing Loan Scheme) provides that diversion or misutilization of loan proceeds may attract disciplinary action. Para 13.23 is reproduced:
13.23 - Misutilization of Housing Loan
party no.2 and he was not involved in sanctioning the housing loan in question nor it was his job to sanction the housing loan ... Housing loan has been sanctioned by Maha Retail Credit Hub, New Delhi (hereinafter referred
following:
1. The appellant being a housing finance company is in the
business of providing housing loans to the customers. Since the
appellant ... this process takes place, the original loan
becomes a new loan, which does not carry the character of Housing Loan,
it becomes an instrument even
