Anti Corruption Team ACT help desk Loans One Time Settlement
no writ of mandamus can be issued by the High Court directing a financial institution/bank to positively grant the benefit of OTS to a borrower."
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no writ of mandamus can be issued by the High Court directing a financial institution/bank to positively grant the benefit of OTS to a borrower."

It has been noted at page 18 of Bijnor Urban Cooperative Bank Limited, Bijnor and Ors. vs. Meenal Agarwal and Ors. [2021] GCtR 2876 (SC) that "no writ of mandamus can be issued by the High Court in exercise of powers under Article 226 of the Constitution of India, directing a financial institution/bank to positively grant the benefit of OTS to a borrower."

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Article Details

Article ID:
1356
Category:
One Time Settlement
Date added:
2023-01-31 13:53:46
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