Disposed
Sri Shankar K N v. Canara Bank
Karnataka HCWP/2544/2024
Case brief
AI extract
What is this about?
The High Court of Karnataka disposed of a writ petition challenging an E-auction sale notice issued by the Respondent Bank. After noting the default on an interim order governing a One Time Settlement (OTS) extended to the petitioners, the court allowed liberty to file a closure proposal.
What did the court decide?
Liberty to the petitioners to submit a proposal for the closure of the account under the OTS scheme, with a direction to the Respondent Bank to consider the same.