CIBIL Rating Not Changed Despite Clearing Loan, Directs Credit Rating Agency To Ensure Requisite Credit Rating: Kerala High Cour
In a recent ruling by the High Court of Kerala at Ernakulam, Justice Devan Ramachandran delivered a significant judgment in Writ Petition (Civil) No. 5339 of 2024. The case, titled K Venugopal Nair vs. Canara Bank and Others, revolves around a dispute regarding the petitioner's credit rating following the closure of a loan facility. Case Background: - Petitioner: K Venugopal Nair, proprietor of Vegini Convention Centre, Alayamon, Anchal, Kollam. -…