Swapnabrata Dash v. Punjab and Sind Bank, Andhra Pradhesh
Case brief
What is this about?
OTS Scheme settlement direction; borrower-loanee writ petition; Punjab and Sind Bank, Khurda Branch; disposal with liberty to submit OTS proposal within ten working days; sympathetic consideration by Bank; High Court of Orissa; Dr. S.K. Panigrahi, J.; 13.05.2024; W.P.(C) No.10566 of 2024.
What did the court decide?
Writ Petition disposed of with a direction to the Petitioner to approach the Branch Manager, Punjab & Sind Bank, Khurda/Opposite Party No.2 with a suitable OTS proposal within ten working days; if acceptable, the Bank to settle the loan account under the OTS Scheme sympathetically within a reasonable period. ¶19