Banks cannot retain original documents of property for dues of another loan taken under PMMY

Manisha Rahul Brahmbhatt Vs Bank of Baroda  (Gujarat High Court) Conclusion: Bank could not withhold the original documents of the mortgage property in question for another dues under PMMY scheme, once assessee had repaid the loan as the financial assistance advanced by bank under PMMY Scheme was advanced without any collateral security. Held:  Assessee had repaid the entire term loan of Rs. 9.80 lakh and there was no outstanding to the Bank of Baroda as against the amount of Rs. 9.80 lakh advanced to assessee in the year 2017. However, bank was not ready to release the documents of the prop...