Ambika Sahu v. Chief Manager-Cum-Ao, Canara Bank, Bbsr
Case brief
What is this about?
Orissa High Court, Cuttack; WP(C) No.12021 of 2024; order dated 14.05.2024; Bench: D. Dash and V. Narasingh, JJ.; Petitioner Ambika Sahu v. Chief Manager-cum-AO, Canara Bank, BBSR and B.M., Canara Bank, Harirajpur Branch, Cuttack; writ petition permitted to be withdrawn with liberty to pursue pending One Time Settlement (OTS) of outstanding loan dues; Bank directed to consider and dispose of OTS application per its guidelines before further action on notice under Annexure-5 and to intimate decision within a week; urgent certified copy ordered.
What did the court decide?
Liberty to the Petitioner to pursue the pending One Time Settlement/Settlement application with the Opposite Party-Bank; the Bank to consider and dispose of the application in accordance with law and its guidelines before any further action pursuant to the notice under Annexure-5, and intimate its decision to the Petitioner within a week thereof.