made
any improvement in his One Time Settlement (in short
`OTS') proposal of Rs. 100 lakhs and hence the Bank is
proceeding to enforce ... made
by Respondent No. 1.
(e) On 26.04.2006, the Bank rejected the OTS offer of
Rs. 148 lakhs stating that since the amount offered
original writ petitioner’s
Signature Not Verified
application for One Time Settlement (OTS), the Bank has preferred the
Digitally signed by R
Natarajan
Date ... single amount was paid till an
application for extending the benefit of OTS was submitted.
2.1 That One Time Settlement Scheme was issued
settle the matter
by making the proposal under One Time Settlement (OTS) scheme of the
RBI. It was followed by letter dated ... borrower to the
Bank requesting for OTS at Rs. 2,13,93,320/-. This proposal of the
borrower was sanctioned by the Bank
envisaged by s. 6 of the General Clauses Act ensued or n
ot
but only for the purpose of determining whether the prov
i-
sions ... therefore, the opening words of s. 3 of 1973 Act would n
ot
have an overriding effect so as to exclude
applicable, the Appellate Tribunal, in paragraph 21 of the
17 ‘OTS’ for short.
18 Such a reference by the Appellate Tribunal to Article ... also the fact that corporate debtor had made a
prayer for OTS in the month of July, 2018 but, has not recorded any
specific finding
crores with interest) as per the
sanctioned letter of OTS dated 21.09.2017, the State Bank of
India has preferred the present appeal.
2. The facts ... Bank came out with one time settlement
(hereinafter referred to as ‘OTS Scheme’) dated 01.09.2017.
OTS specifically provided for making payment as settled under
Colleges (Boys & Girls)
29
S.No Requisition To G S S Ot
. received tal e c c he
from ... posts for Principals (Plain Cadre)
S.No Requisition To G Sc Sc Ot R
. received from tal e he he he emark
granted an opportunity to file an application challenging the rejection
of the OTS by the respondent-financial institution on 19.07.2022 as per the
interim order ... behalf
of the non-applicant-respondent.
Since the rejection of the OTS submitted by the
applicant-petitioner by the respondent
apply to this case. Having regard to the provisions of Section us ot the- States Reorganisation Act, 1955 , this case is governed ... power but of an administrative power. It is nonetheless so, by reason OT the fact that an opportunity to show cause and an enquiry simulating
ERORi S ETIT
5TH FLOOR.SJR PRIMUS,
U I Ot T'/T
.
' '")1 Ir.rrrm ... cellular telephony networking towers on these hired sites
. The
trims and conditions ot will be agreed between the
aqessee and the site provider. Therefore
