Farmers come together to fight against cheating and harassment. In Nagpur bench of Bombay high court, 66 farmers from Ramtek and Mouda together have filed a petition against Parmatma Cooperative Bank for alleged cheating and harassment.
The single-judge bench of Justice Bhushan Dharmadhikari, directed registrar to verify charges regarding excess recovery of loan from the petitioners, and issued a show cause notices to principal secretary of state cooperatives department and Parmatma Cooperative Bank chief executive officer. The notices have also been served to bank’s managers of Ramtek and Mouda branches and regional director of Reserve Bank of India.
According to the petitioners, they had secured loans for the purpose of farming and house repairs from the bank. They alleged as most of them are illiterate the bank has cheated them by recovering excess amount.
One of the petitioners in his petition said that he had applied for Rs 30,000 loan in 1999, however the bank gave him only Rs 22,500. In July, 2007, the bank told him to pay Rs 80,518 in form of repayment. Other farmers also claimed that they have become the victim’s to the bank’s illegal practice in the same way.
The petitioners said that despite appealing before various offices including state cooperative department and police, their appeals were ignored. They have asked for high level probe into the matter and action against the guilty.
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