The Economic Times

Husband's death in Covid leaves widow unable to repay loan; SC invokes Article 142 to cut dues

The Supreme Court has intervened to help a widow struggling to repay a Rs 50 lakh loan taken by her deceased husband. After his death during Covid-19, the bank classified the loan as NPA. Despite a settlement offer, the wife faced mounting dues. The SC, invoking Article 142, reduced her repayment burden, granting her relief.