Karnataka HC Quashes FIR Against Homebuyer Over Unpaid EMIs
The Karnataka High Court quashed criminal proceedings against Mr. Bari, a Mumbai resident, who stopped paying home loan EMIs after the builder sold his flat in Bengaluru's Grandeur Park project to a third party without consent. Bari had taken a Rs 39.92 lakh loan from SBI in 2019-20 and signed a tripartite agreement. SBI had filed criminal cases alleging losses due to unpaid dues.
Economic Times··Bengaluru


