A writ petition concerning outstanding loan dues to a bank was disposed of with liberty to the petitioner to submit a One Time Settlement proposal, which the bank is to consider uninfluenced by earlier events.
Liberty to petitioner to file OTS/settlement proposal within two weeks for bank's consideration in accordance with law.
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IN THE HIGH COURT OF ORISSA AT CUTTACK WP(C) No.11594 of 2024
Somanath Mohanty
.....
Petitioner
-versus-
1) IDBI Bank Ltd. BBSR ..... Opposite Parties 2) B.M., IDBI Bank Ltd., Represented By Adv. Jagamara, Khandagiri Branch – Mr. Rakesh Sahoo
CORAM:
THE HON'BLE MR. JUSTICE D.DASH AND
THE HON'BLE MR. JUSTICE V. NARASINGH
ORDER 13.05.2024
Order No.
It is further observed that in the event, such an application is filed by the Petitioner within two weeks hence,
Page 1 of 2.
the Opposite Party-Bank would do well to consider the same in its proper perspective and dispose it of in accordance with law without being influenced by the earlier events in this connection.
Issue urgent certified copy as per rules.
(D.Dash) Judge
Gitanjali
Signature Not Verified
Digitally Signed Signed by: GITANJALI NAYAK Designation: Junior Stenographer Reason: Authentication Location: OHC Date: 17-May-2024 19:15:37
Page 2 of 2.
Somanath Mohanty
IDBI Bank Ltd. BBSR
B.M., IDBI Bank Ltd., Jagamara, Khandagiri Branch
D.Dash
V. Narasingh
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
