The Karnataka High Court recently ruled that a bank cannot criminally prosecute a homebuyer for a builder’s breach of contract, but this does not mean the borrower’s obligation to repay the loan ends. Pritesh Bari v State of Karnataka involved a ₹39.92 lakh home loan from State Bank of India (SBI). The builder left the project incomplete, did not register the flat in the buyer’s name and resold it to a third party without clearing the loan. When can repayment pause? Continue to pay your equated monthly inst ...