Tag: Settlement

Banks Can Exclude Borrowers from OTS Scheme If Recovery Chances Are High J&K, Ladakh HC

Banks Have Discretion To Exclude Such Borrowers From The OTS Scheme Where The Chances Of Recovery Are High: J&K And Ladakh High Court

Wednesday May 31, 2023. BY Malavika Sachin, Abdullah Qureshi, Shradha Patil | Debt Recovery

The Hon’ble Single Judge Bench of Jammu & Kashmir and Ladakh High Court, comprising of Justice Sanjay Dhar in Ghulam Ahmad Mir Vs J&K Bank & Ors.[i]vide order dated 26th April 2023 held that a