Sukhi Ram and Anr. v. the State of Hp and Others
Case brief
What is this about?
Himachal Pradesh High Court, Shimla; CWP No. 10696 of 2026; decided 01-07-2026; Judge Jyotsna Rewal Dua; Sukhi Ram v. State of H.P.; State Cooperative Bank; cooperative-bank loan recovery; auction of borrower's property scheduled 02.07.2026; impugned notice dated 02.06.2026 (Annexure P-1); loan dues Rs. 10,77,735; One Time Settlement (OTS) Scheme; conditional stay of auction against deposits of Rs. 1.5 lakh each; representation-based settlement consideration within four weeks; protection ceases on non-compliance; writ petition disposed of with directions.
What did the court decide?
Conditional protection against the auction scheduled for 02.07.2026: the property shall not be auctioned if the petitioners deposit Rs. 1.5 lakh in respondent No. 2-Bank by 12.00 p.m. on 02.07.2026; on a further deposit of Rs. 1.5 lakh within one week thereafter and submission of a representation proposing settlement under the applicable One Time Settlement Scheme/any other applicable scheme, the Bank shall consider the settlement case in accordance with law within four weeks; the limited protection ceases if the petitioners fail to comply with the assurance given in Court.