p. 1 IN THE HIGH COURT OF ORISSA AT CUTTACK W.P.(C) No.4897 of 2026 Rajpal Singh Rohilla …. Petitioner Mr. D. Acharya, Advocate -versus- Punjab National Bank, Circle Sastra Centre Branch, Sambalpur and another …. Opposite Parties Mr. A.K. Biswal, Advocate for the Bank CORAM: JUSTICE B. P. ROUTRAY ORDER 13.02.2026 Order No. 01. 1. Heard Mr. D. Acharya, learned counsel for the Petitioner. 2. It is submitted on behalf of the Petitioner that, his OTS application is pending consideration before the Bank authority from 19.03.2025. 3. Mr. A.K. Biswal, learned counsel appears for the Opposite Parties-Bank and submits that in the meantime the property has been auctioned and purchased by third party pursuant to the SARFAESI proceeding initiated in respect of the property. So, at this stage, there is no scope for consideration of the OTS application of the Petitioner. 4. Accordingly, considering the submission made by Mr. Biswal, the writ petition is disposed of granting liberty to the Petitioner to make a fresh OTS application in respect of rest outstanding amount against him as on date and in such event, if Digitally Signed Signed by: BASANTA KUMAR BARIK Reason: Authentication Location: High Court of Orissa, Cuttack Date: 13-Feb-2026 17:13:11 Signature Not Verified p. 2 the application is submitted to Opposite Party No.2 within a period of fifteen days from today, the same may be considered in accordance with law within a period of two weeks thereafter. 5. An urgent certified copy of this order be granted on proper application. ( B.P. Routray) Judge B.K. Barik