M/S PARADISE ELECTRONICS v. JAMMU AND KASHMIR BANK LIMITED AND ORS.
WP(C)/852/2024 · 2025-08-01
Sanjeev Kumar, Vinod Chatterji Koul
Writ Petition (Civil)body2025
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[ 2025 DAILYLAW 7033 (JK) · dailylaw.ai ]
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[ 2025 DAILYLAW 7033 (JK) · dailylaw.ai ]
Judgment text
Extracted from the PDF above. The PDF is authoritative.
Serial No.20 REGULAR CAUSE LIST
IN THE HIGH COURT OF JAMMU & KASHMIR AND LADAKH AT SRINAGAR
WP(C) 852/2024 CM(2218/2024) M/S PARADISE ELECTRONICS …Petitioner(s)
Through: Mr. Shuja ul Haq, Advocate
Vs.
JAMMU AND KASHMIR BANK LIMITED AND ORS. ...Respondent(s) Through: Mr. Iman Abdul Muizz, Advocate
CORAM:
HON’BLE MR. JUSTICE SANJEEV KUMAR, JUDGE HON’BLE MR. JUSTICE VINOD CHATTERJI KOUL, JUDGE
ORDER 01.08.2025
Learned counsel for the petitioner, after arguing for a while seeks leave of this Court to withdraw this writ petition with liberty to approach the respondent-Bank with a fresh proposal for availing the benefit under the One Time Settlement (OTS) scheme. The statement of the learned counsel for the petitioner is taken on record. The writ petition is dismissed as withdrawn, with liberty as prayed for. Needless to say that in case petitioner approaches the Bank with any such fresh proposal the same shall be considered in tune with the OTS Scheme in vogue.
(VINOD CHATTERJI KOUL)
(SANJEEV KUMAR)
JUDGE
JUDGE
SRINAGAR: 01.08.2025
“Arif” Arif Hameed I attest to the accuracy and authenticity of this document 01.08.2025