JUDGMENT

This writ petition has been filed challenging the proceedings initiated by the respondent bank to recover amounts due under the credit facilities availed by the petitioner from the respondent bank.

2. When this matter is taken up for consideration today, it is the submission of the learned counsel appearing for the petitioner that the petitioner may be permitted to approach the respondent bank for One Time Settlement.

3. Learned counsel appearing for the respondent bank submits that, calculated with reference to the date 31.01.2026, the liability of the petitioner is Rs.6,27,574/- (Rupees Six lakhs twenty seven thousand five hundred and seventy four only).

4. Having heard the learned counsel appearing for the petitioner and the learned counsel appearing for the respondent bank and considering the limited nature of relief now sought for by the petitioner, this writ petition will stand disposed of, directing that if the petitioner were to approach the bank with a proposal for One Time Settlement in terms of any Scheme that may be available within a period of one week from today, the said application shall be considered by the Competent Authority of the respondent bank . The sa