Disposed¶21
Ocm Movers Pvt. Ltd., Bbsr v. Tata Motors Finance Solutions Ltd., Bbsr
Orissa HCWP(C)/11398/2024
Case brief
AI extract
What is this about?
One-time settlement (O.T.S.) scheme; loan outstanding dues; direction to finance company (TATA Motors Finance Solutions Ltd.) to consider borrower's settlement proposal in accordance with law; writ petition disposed of on counsel's submission without merits adjudication; time-bound directions of two weeks each; High Court of Orissa; W.P.(C) No.11398 of 2024; hybrid hearing; Dr. Justice S.K. Panigrahi.
What did the court decide?
Direction to the Petitioner to approach the concerned authorities of the Opposite Party with a decent proposal for OTS settlement within two weeks, and to the Opposite Party to consider the same in accordance with law within two weeks thereafter. ¶21