benefit under the OTS came to be rejected on the
ground that she is not eligible for OTS under the OTS Scheme and that ... OTS to a borrower. The
grant of benefit under the OTS is always subject to the eligibility criteria
mentioned under the OTS Scheme
OTS Scheme’) dated 01.09.2017.
OTS specifically provided for making payment as settled under
the OTS scheme within six months from the date of sanction,
else ... positively grant a
benefit of OTS to a borrower; (iii) The grant of benefit of OTS
14
Scheme is subject to the eligibility criteria
PHHC:069383-DB
amount, instead of granting the benefit under the OTS
Scheme and to recover a lesser amount. It is ultimately for
the Bank ... OTS to a borrower. The
grant of benefit under the OTS is always subject to the
eligibility criteria mentioned under the OTS Scheme
informed 1st respondent that they had withdrawn OTS offer.
8. We find, on 31.3.2007, yet another OTS scheme of 2007 was launched by
OSFC ... respondent had not availed
of the earlier proposal for OTS and no new OTS scheme was available, still
the Court passed the following order
said
settlement was made under Reserve Bank of India's OTS Scheme,
which Scheme excludes cases of willful default, fraud and corruption ... made within the scheme of the OTS. By
executing the settlement application within the OTS Scheme, the
complainant bank has not only intended to compound
settlement has been set out in the OTS.
22. There has been two OTS Schemes, OTS-2000 and OTS-2003. According to Mr. Mitra, OTS ... OTS-2000 cannot be different from RBI-OTS-2003 in view of the settlement formula mentioned in both the OTS-2000 and OTS
petitioners that they are seeking to settle the dispute under OTS scheme, in view of the fact that the Batch of cases in which OTS ... role to play in envisaging the scheme for OTS. He further submitted that the OTS scheme is conceived in the best interest of the depositors
OTS
benefit to the petitioner as being arbitrary and illegal and for
a direction to the respondent/SBI to grant the benefit of OTS
scheme ... OTS to a borrower. The grant of benefit under the OTS is always
subject to the eligibility criteria mentioned under the OTS Scheme
scheme of One Time Settlement (OTS), and that the petitioner is
eligible for the OTS under the said scheme named as SBO-OTS ... with an OTS already
sanctioned to a borrower by a Bank. It was dealing with the case of non-
grant of OTS scheme benefit
OTS Scheme, 2009‟, the Corporation has been directed to issue No
Objection Certificate as well as to refund the amount deposited by the
auction purchaser ... petitioner to consider his case for settlement under the OTS
Scheme, 2009 on the ground inter alia that at the relevant time no
One Time
