This writ petition sought directions for the Bank to release petitioners from loan liabilities after they submitted compromise proposals under the One Time Settlement Scheme. The Court dismissed the petition as the submissions were made beyond the permissible time limit for the scheme.
None granted; the writ petition was dismissed.
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
IN THE HIGH COURT OF JUDICATURE AT PATNA Civil Writ Jurisdiction Case No. 12156 of 2012
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….. Petitioners
Versus
Appearance:
For the Petitioners : Mr. Alok Kumar, Advocate : Mr. Virendra Kumar, Advocate For the Respondents : Mr. Rakesh Kumar Singh, Advocate
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CORAM: HONOURABLE MR. JUSTICE VIKASH JAIN ORAL JUDGMENT
Date: 02-08-2016
Heard learned counsel for the petitioners and learned counsel for the respondents.
Patna High Court CWJC No.12156 of 2012 dt.02-08-2016
2
of Rs. 1,90,000/- on 27.11.2010 and filed compromise proposals on 06.12.2010 before the respondent-Bank. It is stated that the
matter still remains pending with the Bank.
(Vikash Jain, J.)
Vikash/-
| AFR/NAFR | NAFR |
|---|---|
| CAV DATE | N.A. |
| Uploading Date | 08.08.2016 |
| Transmission Date |
N.A. |
2 issues framed by the court
Whether the Court should direct the Bank to release the petitioners from loan liabilities after failed One Time Settlement Scheme submissions.
Whether the petitioners' compromise proposals filed beyond the OTS Scheme time limits have any merit.
Md. Aftab Alam
Md. Ishteyaque
The State Bank of India
Vikash Jain
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
