Serial No.08 REGULAR LIST IN THE HIGH COURT OF JAMMU & KASHMIR AND LADAKH AT SRINAGAR WP(C) 1514/2023 DAR TRADERS THROUGH ZAHID SHARIEF DAR … Petitioner/Appellant(s) Through: Mr. Gulzar Ahmad Bhat, Advocate Vs. UT OF J AND K AND ORS ...Respondent(s) Through: Ms Taniya, Advocate CORAM: HON’BLE MR. JUSTICE SANJEEV KUMAR, JUDGE HON’BLE MR. JUSTICE SANJAY PARIHAR, JUDGE ORDE R 28.07.2025 Learned counsel appearing for both the parties state at the bar that during the pendency of this petition, the petitioner has approached the Bank for availing benefit of One Time Settlement [“OTS”], Scheme. He has deposited the token money, and the rest of the formalities are yet to be completed. In that view of the matter, nothing survives in this petition, and the same is accordingly disposed of. We make it clear that in case the OTS does not mature because of default, if any, committed by the petitioner, the Bank shall be free to proceed against the secured asset in accordance with law. (SANJAY PARIHAR) (SANJEEV KUMAR) JUDGE JUDGE SRINAGAR: 28.07.2025 “ARIF” Arif Hameed I attest to the accuracy and authenticity of this document 28.07.2025