Constitution of India, Article 226 – ots – Bank has rejected a One Time settlement proposal of the debtor – Meanwhile, auction of the mortgaged property has already taken place – In Authorised Officer, State Bank of Travancore v. Mathew K.C., (2018) 3 SCC 85, we have cautioned against the High Court interfering in such matters in the writ jurisdiction – Orders passed by High Court set aside.
.AUTHORIZED OFFICER PUNJAB NATIONAL BANK v. M/S KUT ENERGY PVT. LTD, 2018 PLRonline 1108