JUDGMENT

The petitioner availed credit facilities from the respondent bank. On default being committed, proceedings were initiated under the Kerala Co-operative Societies Act , 1969, and obtained an award determining the liability of the petitioner. On the award being put to execution, the petitioner has approached this Court.

2. When this matter came up for consideration before this Court on 29-07-2025, this Court passed the following interim order.

“Admit.

The learned Government Pleader takes notice for respondent No. 1. Issue notice to respondent Nos. 2 and 3 by speed post.

It is submitted that the petitioner is prepared to pay the loan amount due to the bank in instalments.

Further proceedings pursuant to Exhibit P3 shall stand deferred by two months.”

When the matter is taken up for consideration today, it is the submission of the learned counsel appearing for the petitioner that the petitioner was offered a One Time Settlement (OTS) through communication dated 15-01-2026 under the നവകേ(cid:4)രളീയം കുടിശ്ശി(cid:4) നിവാരണം-2025- 2026. It is submitted that the writ petition may be adjourned to enable the petitioner to attempt settlement under the OTS, as the scheme has now been exte