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Case Law Details

Case Name : Mohanlal Patidar Vs Bank of Maharashtra (Madhya Pradesh High Court, Jabalpur)
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Mohanlal Patidar Vs Bank of Maharashtra (Madhya Pradesh High Court, Jabalpur)

Facts- The Petitioner had borrowed a loan from the Respondent and intended to repay it in terms of One Time Settlement (OTS). The Bank communicated to the Petitioner that as per the settlement formula given in the scheme, the OTS amount was quantified to be Rs. 36,50,000/-. The Petitioner, in furtherance thereof, deposited Rs.35,00,000/- with the Bank.

However, in its correspondence later, the Ba

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