Can HC Issue Writ of Mandamus Directing Banks to Consider One Time Settlements of Loan? Answers Supreme Court

On Wednesday, the Supreme Court ruled that a High Court can’t issue a writ of Mandamus in the exercise of powers under Article 226 of the Constitution directing a bank or a financial institution to positively grant the benefit of the doubt of a One Time Settlement (OTS) to a borrower. According to a Bench

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.

Click to Subscribe

If you are already a VIP Member, Click to Login Now

Law Trend
Law Trend
Legal News Website Providing Latest Judgments of Supreme Court and High Court

Related Articles

Latest Articles