Case Commentary: Noel Paul Fredy V. State Bank Of India & Anr.
- IJLLR Journal
- Jul 7, 2023
- 1 min read
Rishi Vinayak, B.A. LL.B. (Hons.), National University of Study and Research in Law, Ranchi
This case commentary provides an analysis to the landmark judgement delivered by the Kerela High Court in the case of Noel Paul Fredy v. State Bank of India & Anr1, where low CIBIL score was removed as a criterion for rejecting student education loan.
INTRODUCTION
“Education is an ornament in prosperity and a refuge in adversity.” – Aristotle
Education serves as the key catalyst for personal growth, societal progress, and economic prosperity. By nurturing intellectual curiosity, fostering critical thinking, and imparting knowledge and skills, education empowers individuals to gain knowledge, fulfill their potential and pursue their passions to contribute meaningfully to society.
In the great war of Mahabharata, Lord Krishna highlighted the importance of knowledge as great purifier and liberator of the self.
The objective behind this study is to understand the importance of education as an indispensable need, which equips individuals with the tools to navigate an ever-changing world. Education is seen as the foundation upon which thriving communities and nations are built, ensuring a brighter future for individuals, and fostering the advancement of society as a whole.
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