M/S. Hotel Keerthana International v. Assistant General Manager
Case brief
What is this about?
Karnataka HC (E.S. Indiresh J.), WP No.4923 of 2021 (GM-RES), Hotel Keerthana International v. AGM Asset Recovery Branch, Bank of Maharashtra — Article 226 writ seeking OTS consideration/sanction letter (Annexure-A) and quashing of Bank order dated 21.10.2020 (Annexure-F); Court inclined to non-interference relying on Bijnor Urban Co-operative Bank Limited, Bijnor v. Meenal Agarwal, AIR 2022 SC 56; petition disposed of on withdrawal memo dated 03.12.2025 with contentions kept open; liberty reserved to approach competent Tribunal; Section 14 Limitation Act condonation directed. Keywords: One Time Settlement, OTS, sanction letter, Annexure-A, Annexure-F, Bank of Maharashtra, asset recovery, withdrawal memo, condonation, Limitation Act Section 14.
What did the court decide?
Petition permitted to be withdrawn by memo dated 03rd December, 2025; liberty reserved to the petitioner to approach the competent Tribunal for redressal; the period spent before the High Court to be condoned by the competent Tribunal under Section 14 of the Limitation Act; prayers for issuance of a sanction letter in terms of Annexure-A and for quashing of the 21.10.2020 order (Annexure-F) were not granted on merits, all contentions being kept open.