Bank Can't Attach Grantee's Land Under Karnataka SC/ST (Prohibition Of Transfer Of Certain Lands) Act For Loan Default By GPA Holder: High Court

The Karnataka High Court ruled that properties notified under the Karnataka Prohibition of Transfer of Certain Lands Act cannot be attached by banks for loan recovery. The court emphasized the Act's objective to protect certain lands from alienation, ensuring that they serve the intended social purposes. This decision safeguards the legislative intent of preserving specific lands for public welfare, despite financial claims by banks.