JAMMU RURAL BANK vs MOHD. DIN .

The Supreme Court upheld the applicability of the Debt Relief Scheme introduced by the Government of India for borrowers in Jammu and Kashmir, specifically noting that loans for establishing dairy units and rearing livestock qualify as trade under the scheme. The Court affirmed the High Court's dismissal of the banks' appeals, emphasizing that the scheme was designed to provide relief for loans up to Rs. 50,000 taken for business activities. The judgment reinforced the principle that government relief schemes must be interpreted broadly to fulfill their intended purpose.