Sheikh Yakub Sheikh Mehboob and Another v. State of Maha. Thr. Its Sec. Ministry of Cooperation, Mantralaya and Ors.
Case brief
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Bombay High Court, Nagpur Bench; Division Bench: Anil S. Kilor and Raj D. Wakode, JJ.; Writ Petition No. 933 of 2025; decision dated 5th March, 2026; outcome: petition dismissed, no costs. Petitioners: Sheikh Yakub Sheikh Mehboob (Buldana) and another; Respondents: State of Maharashtra through Secretary, Ministry of Cooperation, Mantralaya, Mumbai and others (respondent No.4 being the Bank). Subject: refusal by respondent No.4-bank to accept petitioners' One Time Settlement (OTS) proposal made under the scheme of Government Resolution dated 06/06/2024 and 10/06/2024; bank demanded 25% of outstanding amount at the initial stage while petitioners were willing to deposit 5%; bank asserted it had not accepted/adopted the G.R. scheme; scheme clause provides adoption is not binding on Sahkari Pat Sanstha/Banks; grievance held misconceived. Counsel: R. K. Thakkar (petitioners); Tajwar Khan, Assistant Government Pleader (respondent Nos. 1 to 3/State); P. S. Rajurekar h/f Anand Parchure (respondent No. 4). Keywords: One Time Settlement, OTS, Sahkari Pat Sanstha, cooperative bank, Government Resolution 06/06/2024, Government Resolution 10/06/2024, Maharashtra, Ministry of Cooperation.