Allowed
Pratap Chandra Samantaray v. Chief Manager,Punjab National Bank (Obc)
Orissa HCWP(C)/27761/2021
Case brief
AI extract
What is this about?
The High Court disposed of the writ petition by granting liberty to the petitioner to deposit Rs. 18,50,000 with the bank along with an application for OTS or restructuring. The court directed the bank not to take any coercive steps pending the disposal of the proposal.
What did the court decide?
liberty to deposit Rs. 18,50,000 with the Bank and submit an application for OTS/restructure; bank non-coercive.