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allowed directing the petitioner-bank to make one time settlement as per RBI guidelines applicable at the relevant time ... sell the secured properties for clearing dues under One Time Settlement. It has also been ordered that the entire exercise
Punjab-Haryana High Court
- Cites 17 - Cited by 1 -
(2008) 149 PLR 203
- M Kumar - Full Document
payment of Rs. 2.5 crores as one time settlement, in terms of the RBI guidelines and to close the account ... RBI published a one time settlement scheme (here-in-after referred to as OTS Scheme) applicable to all Public Sector
Delhi High Court
- Cites 6 - Cited by 0 - S N Dhingra - Full Document
deposited for availing the benefit of RBI one time settlement scheme. He submitted that this contention was raised before ... basis of the guidelines issued by the RBI for one time settlement of the NPA. He cited the decision
Madhya Pradesh High Court
- Cites 14 - Cited by 0 - A Patnaik - Full Document
value of the security. 4. RBI guidelines are very clear for one time settlement of dues for SME accounts with ... purpose of enforcing the RBI guidelines in respect of one time settlement. 29. It may be that no specific prayer
Supreme Court of India
- Cites 23 - Cited by 36 - S Sinha - Full Document
what conditions, subject to framed by the RBI. Required information One Time Settlement? involves third party and cannot be disclosed ... your Bank's formula of One Time Settlement? Commercial Banks are governed by the RBI Provide evidence regarding the same
Central Information Commission
- Cites 2 - Cited by 0 - Full Document
defendants after receiving the payment under One Time Settlement scheme as full and final settlement at the earliest, the appellant ... RBI from time to time. When the RBI scheme is beneficial, the Banks which are bound to follow the RBI
Debt Recovery Appellate Tribunal - Madras
- Cites 5 - Cited by 0 -
I (2004) BC 32
- Full Document
one point of time made an offer to extend the benefit of one time settlement if the borrower improves ... guidelines issued by the RBI to claim the one time settlement benefit even when SARFAESI proceedings are thus initiated
Kerala High Court
- Cites 12 - Cited by 0 - Full Document
Anil Mahajan candidly conceded that the RBI scheme for one time settlement dated January 29, 2003 clearly provides a Settlement ... respondents for a compromise settlement under the RBI scheme for one time settlement 2003. The case of the appellant, therefore
Jammu High Court
- Cites 2 - Cited by 0 -
AIR 2004 J K 123
- Full Document
RBI had issued circular directing the banks to settle the recovery proceedings under one time settlement scheme by giving some ... claim benefit as per RBI circular for settlement of loan account under one time settlement scheme. It is also
State Consumer Disputes Redressal Commission
- Cites 4 - Cited by 0 - Full Document
petitioner of rejection of its proposal under RBI "One Time Settlement" Scheme. The impugned letter notices the DICGC rejection ... willful defaulter" and not eligible under the one time settlement scheme of RBI. 2.Learned counsel for the petitioner
Delhi High Court
- Cites 0 - Cited by 0 -
AIR 2004 Delhi 325
- M Sarin - Full Document
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