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2026 Supreme(Online)(Ker) 24458
IN THE HIGH COURT OF KERALA AT ERNAKULAM
P. V. BALAKRISHNAN, J
DHANYA P.M. – Appellant
Versus
AUTHORIZED OFFICER, AXIS BANK LTD – Respondent
WP(C) NO. 3754 OF 2026
Advocates:
For the Appellants/Petitioners: SHRI.VINOD JABAR, SMT.ALEENA JOHNY, SHRI.ANSHA A., SMT.ELEZABETH SUNNY
For the Respondents: SHRI.MADHU RADHAKRISHNAN
For the Appellants/Petitioners: SHRI.VINOD JABAR, SMT.ALEENA JOHNY, SHRI.ANSHA A., SMT.ELEZABETH SUNNY
For the Respondents: SHRI.MADHU RADHAKRISHNAN
Writ petition succeeded following acceptance of OTS settlement with the bank.
Headnote:The High Court considered the OTS settlement proposal from the bank to the petitioner requiring a deposit of Rs. 13,55,000/- by 31.03.2026. The petitioner agreed to the conditions set for the settlement. Consequently, the writ petition no longer required consideration and was closed.
| Table of Content |
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| 1. overview of the petitioner’s financial settlement with the bank. (Para 1 , 2) |
JUDGMENT
Today when this writ petition was taken up for consideration, the learned counsel for the first respondent submitted that the bank has offered an OTS settlement to the petitioner and as per the OTS scheme, Rs.13,55,000/- (Rupees thirteen lakhs fifty five thousand only) has to be deposited on or before
31.03.2026.
2. The learned counsel for the petitioner submits that the petitioner will deposit the afore amount, on or before 31.03.2026.
In the light of the submissions made, nothing further survives for consideration in this writ petition and the same is closed.
