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1 - 4 of 4 (0.54 seconds)Section 8 in The Right to Information Act, 2005 [Entire Act]
The Bijnor Urban Cooperative Bank ... vs Meenal Agarwal on 15 December, 2021
Thus, it is hereby directed that the CPIO of the Respondent Bank shall provide the
restructuring policy/OTS Policy which is currently in operation, to aid in the process of
settlement of NPA by the borrower. Disclosure of information about OTS policy of the
Banks, particularly with respect to NPAs is meant for public and it should be placed in
public domain, in larger public interest thus facilitating expeditious recovery of the Bank's
dues. Moreover by simply sharing information about the Bank's general policy of
OTS/restructuring of loans, no right or power of the bank is likely to be adversely
impacted, nor has the Respondent been able to justify the same. It is made clear that
dissemination of information about the general policy of OTS/restructuring of loans has
no bearing with any direction regarding grant of any benefit of OTS to the borrower. The
grant of benefit under the OTS is always subject to the eligibility criteria mentioned under
the OTS Scheme and the guidelines issued from time to time, as has also been held by the
Apex Court in the matter of Bijnor Urban Co operative Bank Ltd. vs. Meenal Aggarwal.
Harla vs The State Of Rajasthan on 24 September, 1951
It is worthwhile to refer to the judgment dated 24.09.1951 of the Apex Court in the matter
of Harla vs. State of Rajasthan wherein it was held as under:
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