{"id":275065,"date":"2022-10-05T15:00:03","date_gmt":"2022-10-05T09:30:03","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=275065"},"modified":"2022-10-05T15:00:03","modified_gmt":"2022-10-05T09:30:03","slug":"telangana-high-court-grants-extension-to-the-defaulter-under-one-time-settlement-scheme","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2022\/10\/05\/telangana-high-court-grants-extension-to-the-defaulter-under-one-time-settlement-scheme\/","title":{"rendered":"Telangana High Court grants extension to the defaulter under One Time Settlement Scheme"},"content":{"rendered":"<div style=\"text-align: justify; line-height: 150%;\">\n<p style=\"text-indent: 18pt;\">&#160; &#160;<\/p>\n<p style=\"text-indent: 18pt; margin-bottom: 3%;\"><b>Telangana High Court<\/b>: While exercising its powers under Article 226 in case relating to delay in payment under One Time Settlement (&#8216;OTS&#8217;) Scheme, K. Lakshman, J., grants extension of time to repay the Bank as there was only a day&#8217;s delay in making the payment, hence the OTS Scheme will not be cancelled.<\/p>\n<p><b>Facts:<\/b><\/p>\n<p style=\"text-indent: 18pt; margin-bottom: 3%;\">The petitioner is in the real estate business, constructing and selling flats. He took a loan from State Bank of India (&#8216;Bank&#8217;) during his course in business. Due to Covid- 19 pandemic situation, the petitioner sustained huge losses. The petitioner was unable to repay the loan amount therefore, the Bank declared the account of the petitioner as Non-Performing Asset (&#8216;NPA&#8217;) on 30-10-2020. However, to pay the said amount in terms of OTS, the petitioner sold his agricultural land.<\/p>\n<p style=\"text-indent: 18pt; margin-bottom: 3%;\">Vide circular dated 12.10.2020, SBI OTS Scheme was offered which was applicable to all the NPAs as on 31-03-2020 with outstanding dues of above Rs. 20 lakh and up to Rs. 50 Crore.<\/p>\n<p style=\"text-indent: 18pt; margin-bottom: 3%;\">According to the terms and conditions of the OTS Scheme, the balance amount was supposed to be paid by 27-07-2021. The petitioner submitted a letter dated 28-07-2021 enclosing the cheque which the bank refused to accept based on time lapse. On 31-07-2021, the bank cancelled the OTS scheme and demanded the entire outstanding amount with interest.<\/p>\n<p><b>Arguments:<\/b><\/p>\n<p style=\"text-indent: 18pt; margin-bottom: 3%;\">The Counsel for the petitioner contended that there is delay of only one day as on 28-07-2021. Further the counsel contended that the bank failed to consider the request made by the petitioner that due to the present COVID-19 pandemic situation, the petitioner is unable to pay the loan amount within the stipulated time.<\/p>\n<p><b>Observation and Analysis<\/b><\/p>\n<p style=\"text-indent: 18pt; margin-bottom: 3%;\">The Court relied on the illustrative guidelines laid down in <i>Anu Bhalla<\/i> v. <i>DM, Pathankot<\/i>, <a href=\"https:\/\/www.scconline.com\/DocumentLink.aspx?q=JTXT-9001064181\">2020 SCC OnLine P&amp;H 4387<\/a> where the division bench held that the Court has power to extend the period of settelement while exercising its jurisdiction under Article <a href=\"https:\/\/www.scconline.com\/DocumentLink.aspx?q=JTXT-0001574969\">226<\/a> of the <a href=\"https:\/\/www.scconline.com\/DocumentLink.aspx?q=JTXT-0002726967\">Constitution<\/a>. Keeping in view of the guidelines, the Court held that the petitioner is granted extension to repay the OTS amount within 10days.<\/p>\n<p style=\"text-indent: 18pt; margin-bottom: 3%;\">The Court <i>held that as there is only one day&#8217;s delay hterefore, it is a fit case to extend the time to the petitioner to repay the loan amount.&#8221;<\/i><\/p>\n<p style=\"text-indent: 18pt; margin-bottom: 3%;\">[<span style=\"font-weight: bold; color: #632423;\">Md. Afroz Baig v. State Bank of India, <a href=\"http:\/\/www.scconline.com\/DocumentLink\/72G9EQ4W\">2022 SCC OnLine TS 1804<\/a>, decided on 19-09-2022<\/span>]<\/p>\n<hr\/>\n<p>Advocates who appeared in this case:<\/p>\n<p style=\"text-indent: 18pt;\">For the Petitioner: E. Madan Mohan Rao, Senior Counsel<\/p>\n<p style=\"text-indent: 18pt;\">For the Respondents: Mettu Srinivas Reddy, SC for SBI<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>&#160; &#160; Telangana High Court: While exercising its powers under Article 226 in case relating to delay in payment under One Time <\/p>\n","protected":false},"author":67011,"featured_media":269631,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3,10],"tags":[2742,41120,52198,49178,10971,34954],"class_list":["post-275065","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-casebriefs","category-highcourts","tag-Non_performing_asset","tag-npa","tag-ots-scheme","tag-repayment","tag-sbi","tag-state-bank-of-india"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.4 (Yoast SEO v26.4) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Telangana High Court grants extension to the defaulter under One Time Settlement Scheme | SCC Times<\/title>\n<meta name=\"description\" content=\"While exercising its powers under Article 226 in case relating to delay in payment under One Time Settlement (\u2018OTS\u2019) Scheme, K. Lakshman,\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.scconline.com\/blog\/post\/2022\/10\/05\/telangana-high-court-grants-extension-to-the-defaulter-under-one-time-settlement-scheme\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Telangana High Court grants extension to the defaulter under One Time Settlement Scheme\" \/>\n<meta property=\"og:description\" content=\"While exercising its powers under Article 226 in case relating to delay in payment under One Time Settlement (\u2018OTS\u2019) Scheme, K. Lakshman,\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.scconline.com\/blog\/post\/2022\/10\/05\/telangana-high-court-grants-extension-to-the-defaulter-under-one-time-settlement-scheme\/\" \/>\n<meta property=\"og:site_name\" content=\"SCC Times\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/scc.online\/\" \/>\n<meta property=\"article:published_time\" content=\"2022-10-05T09:30:03+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/07\/telangana_high_court-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1331\" \/>\n\t<meta property=\"og:image:height\" content=\"888\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Editor\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Editor\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2022\/10\/05\/telangana-high-court-grants-extension-to-the-defaulter-under-one-time-settlement-scheme\/\",\"url\":\"https:\/\/www.scconline.com\/blog\/post\/2022\/10\/05\/telangana-high-court-grants-extension-to-the-defaulter-under-one-time-settlement-scheme\/\",\"name\":\"Telangana High Court grants extension to the defaulter under One Time Settlement Scheme | SCC Times\",\"isPartOf\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2022\/10\/05\/telangana-high-court-grants-extension-to-the-defaulter-under-one-time-settlement-scheme\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2022\/10\/05\/telangana-high-court-grants-extension-to-the-defaulter-under-one-time-settlement-scheme\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/07\/telangana_high_court-1.jpg\",\"datePublished\":\"2022-10-05T09:30:03+00:00\",\"author\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/84e42bab48238baf12c7e33b3d9761fe\"},\"description\":\"While exercising its powers under Article 226 in case relating to delay in payment under One Time Settlement (\u2018OTS\u2019) Scheme, K. Lakshman,\",\"breadcrumb\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2022\/10\/05\/telangana-high-court-grants-extension-to-the-defaulter-under-one-time-settlement-scheme\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.scconline.com\/blog\/post\/2022\/10\/05\/telangana-high-court-grants-extension-to-the-defaulter-under-one-time-settlement-scheme\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2022\/10\/05\/telangana-high-court-grants-extension-to-the-defaulter-under-one-time-settlement-scheme\/#primaryimage\",\"url\":\"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/07\/telangana_high_court-1.jpg\",\"contentUrl\":\"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/07\/telangana_high_court-1.jpg\",\"width\":1331,\"height\":888},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2022\/10\/05\/telangana-high-court-grants-extension-to-the-defaulter-under-one-time-settlement-scheme\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.scconline.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Telangana High Court grants extension to the defaulter under One Time Settlement Scheme\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.scconline.com\/blog\/#website\",\"url\":\"https:\/\/www.scconline.com\/blog\/\",\"name\":\"SCC Times\",\"description\":\"Bringing you the Best Analytical Legal News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.scconline.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/84e42bab48238baf12c7e33b3d9761fe\",\"name\":\"Editor\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/34e366be721c41333586de05faa13743195f5b142dcd7a015c6fabd2389521d0?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/34e366be721c41333586de05faa13743195f5b142dcd7a015c6fabd2389521d0?s=96&d=mm&r=g\",\"caption\":\"Editor\"},\"url\":\"https:\/\/www.scconline.com\/blog\/post\/author\/editor_4\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Telangana High Court grants extension to the defaulter under One Time Settlement Scheme | SCC Times","description":"While exercising its powers under Article 226 in case relating to delay in payment under One Time Settlement (\u2018OTS\u2019) Scheme, K. Lakshman,","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.scconline.com\/blog\/post\/2022\/10\/05\/telangana-high-court-grants-extension-to-the-defaulter-under-one-time-settlement-scheme\/","og_locale":"en_US","og_type":"article","og_title":"Telangana High Court grants extension to the defaulter under One Time Settlement Scheme","og_description":"While exercising its powers under Article 226 in case relating to delay in payment under One Time Settlement (\u2018OTS\u2019) Scheme, K. Lakshman,","og_url":"https:\/\/www.scconline.com\/blog\/post\/2022\/10\/05\/telangana-high-court-grants-extension-to-the-defaulter-under-one-time-settlement-scheme\/","og_site_name":"SCC Times","article_publisher":"https:\/\/www.facebook.com\/scc.online\/","article_published_time":"2022-10-05T09:30:03+00:00","og_image":[{"width":1331,"height":888,"url":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/07\/telangana_high_court-1.jpg","type":"image\/jpeg"}],"author":"Editor","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Editor","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.scconline.com\/blog\/post\/2022\/10\/05\/telangana-high-court-grants-extension-to-the-defaulter-under-one-time-settlement-scheme\/","url":"https:\/\/www.scconline.com\/blog\/post\/2022\/10\/05\/telangana-high-court-grants-extension-to-the-defaulter-under-one-time-settlement-scheme\/","name":"Telangana High Court grants extension to the defaulter under One Time Settlement Scheme | SCC Times","isPartOf":{"@id":"https:\/\/www.scconline.com\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2022\/10\/05\/telangana-high-court-grants-extension-to-the-defaulter-under-one-time-settlement-scheme\/#primaryimage"},"image":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2022\/10\/05\/telangana-high-court-grants-extension-to-the-defaulter-under-one-time-settlement-scheme\/#primaryimage"},"thumbnailUrl":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/07\/telangana_high_court-1.jpg","datePublished":"2022-10-05T09:30:03+00:00","author":{"@id":"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/84e42bab48238baf12c7e33b3d9761fe"},"description":"While exercising its powers under Article 226 in case relating to delay in payment under One Time Settlement (\u2018OTS\u2019) Scheme, K. Lakshman,","breadcrumb":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2022\/10\/05\/telangana-high-court-grants-extension-to-the-defaulter-under-one-time-settlement-scheme\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.scconline.com\/blog\/post\/2022\/10\/05\/telangana-high-court-grants-extension-to-the-defaulter-under-one-time-settlement-scheme\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.scconline.com\/blog\/post\/2022\/10\/05\/telangana-high-court-grants-extension-to-the-defaulter-under-one-time-settlement-scheme\/#primaryimage","url":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/07\/telangana_high_court-1.jpg","contentUrl":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/07\/telangana_high_court-1.jpg","width":1331,"height":888},{"@type":"BreadcrumbList","@id":"https:\/\/www.scconline.com\/blog\/post\/2022\/10\/05\/telangana-high-court-grants-extension-to-the-defaulter-under-one-time-settlement-scheme\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.scconline.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Telangana High Court grants extension to the defaulter under One Time Settlement Scheme"}]},{"@type":"WebSite","@id":"https:\/\/www.scconline.com\/blog\/#website","url":"https:\/\/www.scconline.com\/blog\/","name":"SCC Times","description":"Bringing you the Best Analytical Legal News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.scconline.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/84e42bab48238baf12c7e33b3d9761fe","name":"Editor","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/34e366be721c41333586de05faa13743195f5b142dcd7a015c6fabd2389521d0?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/34e366be721c41333586de05faa13743195f5b142dcd7a015c6fabd2389521d0?s=96&d=mm&r=g","caption":"Editor"},"url":"https:\/\/www.scconline.com\/blog\/post\/author\/editor_4\/"}]}},"jetpack_featured_media_url":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/07\/telangana_high_court-1.jpg","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":258598,"url":"https:\/\/www.scconline.com\/blog\/post\/2021\/12\/16\/one-time-settlement-supreme-court-bank-borrower\/","url_meta":{"origin":275065,"position":0},"title":"No borrower can claim benefit of One Time Settlement Scheme as a right; Can&#8217;t encourage dishonest borrowers: SC","author":"Prachi Bhardwaj","date":"December 16, 2021","format":false,"excerpt":"\"If it is held that the borrower can still, as a matter of right, pray for benefit under the OTS Scheme, in that case, it would be giving a premium to a dishonest borrower.\"","rel":"","context":"In &quot;Case Briefs&quot;","block_context":{"text":"Case Briefs","link":"https:\/\/www.scconline.com\/blog\/post\/category\/casebriefs\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/07\/MicrosoftTeams-image-7-1.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/07\/MicrosoftTeams-image-7-1.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/07\/MicrosoftTeams-image-7-1.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/07\/MicrosoftTeams-image-7-1.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/07\/MicrosoftTeams-image-7-1.png?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":242040,"url":"https:\/\/www.scconline.com\/blog\/post\/2021\/01\/09\/ph-hc-no-separate-orders-required-in-the-matter-of-ots-having-become-defunct-for-non-compliance-of-conditions-by-borrowers-bank-becomes-free-to-recover-money-in-accordance-with-law-irrespective-of\/","url_meta":{"origin":275065,"position":1},"title":"P&#038;H HC | No separate orders required in the matter of OTS having become defunct for non-compliance of conditions by borrowers, Bank becomes free to recover money in accordance with law irrespective of OTS; HC reiterates","author":"Editor","date":"January 9, 2021","format":false,"excerpt":"Punjab and Haryana High Court: The Division Bench of Rajan Gupta and Karamjit Singh, JJ., allowed the petition seeking writ of mandamus against the impugned order of District Magistrate whereby the Magistrate refused to restrain the respondent from taking physical possession of the mortgaged property of the petitioner on breach\u2026","rel":"","context":"In &quot;Case Briefs&quot;","block_context":{"text":"Case Briefs","link":"https:\/\/www.scconline.com\/blog\/post\/category\/casebriefs\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":365066,"url":"https:\/\/www.scconline.com\/blog\/post\/2025\/10\/29\/banks-not-obligated-accept-ots-proposals-disclose-evaluation-criteria-bom-hc\/","url_meta":{"origin":275065,"position":2},"title":"Banks not bound to accept OTS offers or reveal evaluation criteria: Bombay High Court","author":"Editor","date":"October 29, 2025","format":false,"excerpt":"\u201cSuch decision should be left to the commercial wisdom of the Bank whose amount is involved,and it is always to be presumed that Bank shall take a prudent decision whether to grant the benefit under the OTS scheme, having regard to the public interest involved.\u201d","rel":"","context":"In &quot;Case Briefs&quot;","block_context":{"text":"Case Briefs","link":"https:\/\/www.scconline.com\/blog\/post\/category\/casebriefs\/"},"img":{"alt_text":"Banks not bound to accept OTS","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/10\/Banks-not-bound-to-accept-OTS.webp?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/10\/Banks-not-bound-to-accept-OTS.webp?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/10\/Banks-not-bound-to-accept-OTS.webp?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/10\/Banks-not-bound-to-accept-OTS.webp?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":225503,"url":"https:\/\/www.scconline.com\/blog\/post\/2020\/02\/12\/ker-hc-court-allows-disbursement-of-loan-amount-decided-under-an-expired-settlement-scheme-grants-extension-of-time-for-remitting-the-amount\/","url_meta":{"origin":275065,"position":3},"title":"Ker HC | Court allows disbursement of loan amount decided under an expired settlement scheme, grants extension of time for remitting the amount","author":"Bhumika Indulia","date":"February 12, 2020","format":false,"excerpt":"Kerala High Court: Alexander Thomas, J., considered a time extension sought by the petitioner for payment of the due amount and directed the petitioner to immediately disburse the loan amount to the respondent bank.\u00a0 The petitioner approached the Bench for reclaiming the possession of the property from the respondent Bank\u2026","rel":"","context":"In &quot;Case Briefs&quot;","block_context":{"text":"Case Briefs","link":"https:\/\/www.scconline.com\/blog\/post\/category\/casebriefs\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":373824,"url":"https:\/\/www.scconline.com\/blog\/post\/2026\/01\/27\/sc-allows-widow-to-settle-loan-secure-property-article-142\/","url_meta":{"origin":275065,"position":4},"title":"Article 142 to the Rescue: SC allows Widow to Settle Loan &amp; Secure Release of Mortgaged Property","author":"Ritu","date":"January 27, 2026","format":false,"excerpt":"\u201cThough the demand raised by the Bank is legally sustainable, we find that compliance thereof would lead to extreme hardship for the appellant.\u201d","rel":"","context":"In &quot;Case Briefs&quot;","block_context":{"text":"Case Briefs","link":"https:\/\/www.scconline.com\/blog\/post\/category\/casebriefs\/"},"img":{"alt_text":"SC allows widow to settle loan","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2026\/01\/SC-allows-widow-to-settle-loan.webp?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2026\/01\/SC-allows-widow-to-settle-loan.webp?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2026\/01\/SC-allows-widow-to-settle-loan.webp?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2026\/01\/SC-allows-widow-to-settle-loan.webp?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":279136,"url":"https:\/\/www.scconline.com\/blog\/post\/2022\/12\/05\/writ-petition-under-article-226-of-the-constitution-cannot-be-filed-for-seeking-alteration-in-contract-delhi-high-court\/","url_meta":{"origin":275065,"position":5},"title":"Writ petition under Article 226 of the Constitution cannot be filed for seeking alteration in contract: Delhi High Court","author":"Editor","date":"December 5, 2022","format":false,"excerpt":"The Delhi High Court held that a borrower cannot ask for alteration of contract by way of a writ petition and a contract can only be altered through mutual consent between the parties.","rel":"","context":"In &quot;Case Briefs&quot;","block_context":{"text":"Case Briefs","link":"https:\/\/www.scconline.com\/blog\/post\/category\/casebriefs\/"},"img":{"alt_text":"Delhi High Court","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2022\/11\/Delhi-High-Court-1.jpg?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/275065","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/users\/67011"}],"replies":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/comments?post=275065"}],"version-history":[{"count":0,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/275065\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media\/269631"}],"wp:attachment":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media?parent=275065"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/categories?post=275065"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/tags?post=275065"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}