Disposed
Smt. Mumtaz Hameed v. Canara Bank
Karnataka HCWP/1190/2024
Case brief
AI extract
What is this about?
Petitioners sought to stay a warrant of attachment issued by the Recovery Officer, DRT I, Bengaluru due to alleged non-compliance with OTS conditions. The Court granted a two-week extension of the interim stay order as a last chance for settlement negotiation before the Recovery Officer is free to act in law.
What did the court decide?
The interim order staying the warrant of attachment is extended for two weeks from the date of receipt of this order to allow the petitioners to negotiate a settlement with the Bank.