JUDGMENT :

1. By this petition, inter alia, under Article 226 of the Constitution of India, the petitioner has prayed the following main reliefs:

“a) Issue a Writ of Mandamus or any other Writ, Order or Direction in the nature of Mandamus as this Hon’ble Court may deem fit in the facts and circumstances of the case and direct the Respondent to consider and pass order on the One Time Settlement proposals put forward by the Petitioner in accordance with the norms and procedure laid down in this regard in a time bound manner.

b) Issue a Writ of Mandamus or any other Writ, Order or Direction in the nature of Mandamus as this Hon’ble Court may deem fit in the facts and circumstances of the case and direct the Respondent Bank act in compliance with the mandate of Circulars dated 04.05.2009 and 17.03.2016 and Rule 9 of the Securitization Interest (Enforcement) Rules 2002 in a time bound and transparent manner;”

2. Facts, being discernible from the petition, are as under.

2.1 The petitioner is a private limited company incorporated as per the Companies Act, 1956 having its registered off