Bank Can’t be Compelled to Accept Lessor Amount of Due Loan Under One Time Settlement Scheme: Telangana HC

Recently, The Telangana HC ruled that No bank can be compelled to accept a lesser amount under the OTS scheme despite a bank being able to conduct the auction, to secure property or mortgage property. The bench of Justice K. Sarath was dealing with the petition challenging the proceedings of the respondents in rejecting the

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