1. By consent of the learned counsel on either side, the writ petition itself is taken up for final hearing.

2. The above writ petition is filed for issuance of a writ of certiorarified mandamus to call for the records in respect of the impugned order passed by the respondent vide his proceedings No. CMBR 510 dated 13. 2006, quash the same and direct the respondent to accept the amount paid by the petitioner on 13. 2006 as a full settlement under OTS Scheme as offered by the respondent Bank vide its proceedings dated 111. 2005.

3. The only ground of attack of the petitioner is that the State Bank of India came forward with a compromise offer for a one time settlement with the petitioner and immediately he accepted the said offer and has also deposited the amount. But, there is a dispute as to whether the payment was made before or after the cancellation of the offer for one time settlement. Be that as it may, the petitioners contention is that since the offer was made by the State Bank of India and he had accepted the offer and paid the amount, the subsequent cancellation of the one time settlement on the ground that is violative of the R.B.I. circular, is legally not sustai