PoliticsMadras High Court: Loan Borrowers Retain Constitutional Rights
The Madras High Court ruled that individuals who take loans or act as guarantors do not forfeit their constitutional rights to banks. Justice V. Lakshminarayanan dismissed Bank of Baroda's review petition against revoking a Look Out Circular on Kondepati Ganga Prasad, a guarantor for GVR Infra Projects' loan. The court emphasized the fundamental right to travel freely under Article 21, citing the Supreme Court's Maneka Gandhi case.
The Hindu··Chennai


