ORDER :

1. This Writ Petition is filed to declare the action of respondents Bank in not considering the representation dated 30.03.2021, requesting to accept the balance payment of One Time Settlement (OTS) vide Lr.No. 0206/45/385, dated 06.01.2020, NPA Account No. 020630100014879, and under unprecedented COVID-19 crisis as illegal and consequently direct the respondents to accept balance amount of OTS along with interest for delayed six months period immediately setting aside the letter dated 31.03.2021 wherein the respondents claimed Rs.99.04 Lakhs in stead of Rs.66.22 Lakhs of balance amount of OTS by disposing the representation dated 30.03.2021.

2. Heard Sri Sudharshan Malugari, learned counsel for the petitioner and Smt. V. Dyumani, learned Standing Counsel appearing for the respondents. Perused the record.

FACTS OF THE CASE:

3. The petitioner herein had availed term loan of Rs.180.00 Lakhs from the respondents Bank for the purpose of construction of Rural Godown at Nadigonda Village, Raghunathpally Mandal, Warangal District and committed default in repayment of said term loan in accordance with the agreed terms and the account of the petitioner was declared as NPA on 30.09.2017.