Page 1 of 4. IN THE HIGH COURT OF ORISSA AT CUTTACK WP(C) No.14191 of 2026 Sri Bishnu Charan Sahoo ..... Petitioner Represented by Adv. - Subhransu Bhusan Mohanty -versus- Integrated Banking Ombudsman, Reserve Bank Of India, Bhubaneswar and others ..... Opposite Parties Represented by Adv. - M/s. M. Balakrishna Rao CORAM: THE HON’BLE MR. JUSTICE ADITYA KUMAR MOHAPATRA ORDER 29.07.2026 Order No. 04. 1. This matter is taken up through Hybrid mode. 2. Heard learned counsel for the Petitioner as well as learned counsel for the Bank-Opposite Parties. Perused the writ application as well as the documents annexed thereto. 3. The Petitioner has filed the present writ application with the following prayer: “It is therefore prayed that, this Hon'ble court may graciously be pleased :- (1) To admit this writ Application. Page 2 of 4. (2) To direct the Opp.party Bank to calculate the overdue amount as directed by this Hon'ble court vide order dtd. 20.2.2024 passed in W.P.(C) No.21615/2022 and the proposal of the petitioner for O.T.S. may kindly be accepted in terms of R.B.W. guideline and suitable time stipulation be fixed to pay the outstanding amount through one time settlement in order to save the Residential house from Auction and rigorous encumbrances. And may pass any other order(s)/direction(s) as deemed fit and proper in the interest of justice.” 4. Learned counsel for the Petitioner at the outset contended that the Petitioner is ready and willing to pay the overdue amount and to regularize the account which has become irregular in the meantime. In course of his argument, the learned counsel for the Petitioner referred to the earlier order dated 20.02.2024 passed by a Coordinate Bench in W.P.(C) No.21615 of 2022. He further submitted that the learned Coordinate Bench had allowed the Petitioner giving time to deposit the money and to regularize the loan account by paying the overdue amount within a period of one month. He further submitted that although the Petitioner approached the bank pursuant to order dated 20.02.2024, he sought for more time to pay the overdue amount and to regularize the loan account. The grievance of the Petitioner in the present application is that although the Petitioner is ready and willing to settle the account, and he is willing to deposit a sum of rupees five lakhs upfront, the bank is not accepting his offer. Being aggrieved by such inaction of the Opposite Parties-Bank, the Page 3 of 4. Petitioner has approached this Court by filing the present writ application. 5. Learned counsel appearing for the Opposite Parties-Bank, on the other hand, contended that by virtue of order dated 20.02.2024, a Coordinate Bench of this Court had given a specific direction to the Petitioner to deposit the money within a period of one month. Despite such specific directions, the Petitioner has failed to deposit the overdue amount and get the account regularized. As such, learned counsel for the Bank alleged that the Petitioner has not scrupulously followed the direction of this Court by the Coordinate Bench in the earlier writ application. In such view of the matter, it was submitted before this Court that the Petitioner is not entitled to any relief in the present writ application. 6. Upon a careful consideration of the submissions made by the learned counsels appearing for both sides, further taking note of the fact that the Petitioner is ready with the bank draft of rupees five lakhs which was shown to the Court and he is ready to comply with the direction of the Coordinate Bench to clear up the overdue amount, this Court is inclined to grant another opportunity to the Petitioner. Accordingly, the Petitioner is directed to approach the Opposite Parties-Bank along with a copy of today's order. The Petitioner shall deposit the aforesaid bank draft of rupees five lakhs within a period of ten days from today with the bank. Thereafter, the bank shall intimate the Petitioner with regard to the overdue amount which the Petitioner is required to deposit to regularize the irregular bank account. In the event the Petitioner deposits the balance overdue amount within the time stipulated by the bank, the bank Page 4 of 4. authorities shall do well to pass necessary consequential orders to regularize the loan account of the Petitioner. In the event of failure of the Petitioner to deposit the entire overdue amount within a period of three months from today, it is open to the bank authorities to proceed against the Petitioner and take any coercive action as per law. 7. With the aforesaid observations/directions, the writ application stands disposed of. Issue urgent certified copy of this order as per Rules. ( Aditya Kumar Mohapatra ) Judge S.K. Rout