The Supreme Court of India, in a significant ruling on banking law, has held that a borrower’s failure to deposit the mandatory upfront amount with their application for a One-Time Settlement (OTS) scheme renders the application incomplete and ineligible for processing. A bench comprising Justices Dipankar Datta and Augustine George Masih set aside a judgment
To Read More Please Subscribe to VIP Membership for Unlimited Access to All the Articles, Download Available Copies of Judgments/Order, Acess to Central/State Bare Acts, Advertisement Free Content, Access to More than 4000 Legal Drafts( Readymade Editable Formats of Suits, Petitions, Writs, Legal Notices, Divorce Petitions, 138 Notices, Bail Applications etc.) in Hindi and English.
