Ajay Kumar Dash v. Branch Manager, Bandhan Bank, Puri
Case brief
What is this about?
Petitioner sought withdrawal of a writ petition challenging bank action on loan dues, with liberty to pursue a One Time Settlement application. Court granted liberty and directed the bank to consider and dispose of any pending OTS application expeditiously before further action.
What did the court decide?
Liberty to petitioner to pursue One Time Settlement application; bank to decide pending OTS application per guidelines before further action on notice under Annexure-5.