M/S Shivson Knitwear Through Its Proprietor Raj Kumar Deceased Through His Lrs v. Central Bank Of India And Others

ARCHANA ARORA 2026.01.22 13:31 I attest to the accuracy and integrity of this document

CWP-21006-2024 (O&M) received and a settlement has been arrived at subject to certain conditions.

3.

In view of the above, this petition stands disposed of with liberty to the respondent-Bank in case the One Time Settlement does not fructify and the petitioner fails to comply with any of the terms and conditions subject to which OTS was arrived at, the Bank is at liberty to liquidate the secured assets in question and recover the outstanding amount in the loan account.

(SHEEL NAGU) CHIEF JUSTICE (SANJIV BERRY) JUDGE January 20, 2026 archana Whether speaking/reasoned?

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Yes/No Whether reportable?

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Yes/No ARCHANA ARORA 2026.01.22 13:31 I attest to the accuracy and integrity of this document