Mr H Mahesh v. the Authorised Officer
Case brief
What is this about?
Karnataka High Court writ petition (GM-RES) disposed; mandamus sought against Corporation Bank (Nagarabhavi and Magadi Road branches) to consider petitioner's representation dated 02.07.2022 and extend time for One Time Settlement (OTS) compliance; home loan OTS accepted and cleared following order dated 01.09.2025; vehicle loan outstanding; Bank's stand that 10% of offer payable before competent-authority approval; petitioner directed to comply with OTS requirements; liberty reserved to approach concerned authority; interim order extended for two months or until consideration of OTS offer.
What did the court decide?
Writ petition disposed off with liberty reserved to the petitioner to approach the concerned authority in case the respondents do not accept the 'One Time Settlement' offered by him; petitioner directed to comply with the OTS requirements so that the respondents may take his proposal for approval before the competent authority; interim order granted earlier extended for two months or until the respondents consider the OTS offer, whichever is earlier.