Loanees do not mortgage their constitutional rights with banks: Madras High Court

AI Summary

The Madras High Court ruled that banks cannot stop loan defaulters from traveling abroad solely because of their debts when they are not facing criminal charges. Justice V. Lakshminarayanan said borrowers do not surrender their constitutional rights by taking loans.

Justice V. Lakshminarayanan says banks cannot prevent defaulters, not facing any criminal charge, from going abroad