Authority: High Court of Orissa at Cuttack

Order Date: 09 July 2026

Case Overview

  • Parties: Petitioner Ajaya Kumar Pati vs. DCB Bank Ltd., Bhubaneswar Branch, Jharpada and another (Opposite Party No.1). Counsel for petitioner: Mr. A.K. Panda; counsel for bank: Mr. R.C. Panigrahy.
  • Nature of Proceeding: Writ Petition (Civil) seeking relief for a grievance and a one‑time settlement under Annexure‑4.
  • Court’s Consideration: After hearing both sides and reviewing submissions, the Court directed the Authorized Officer of DCB Bank (Opposite Party No.1) to evaluate the petitioner’s one‑time settlement application.
  • Directive: The evaluation must be completed within four weeks from the date the Authorized Officer receives a certified copy of this order together with a copy of the writ petition.
  • Condition on Coercive Action: No coercive action shall be taken against the petitioner provided he deposits Rs 10,00,000 (Ten lakhs) within thirty (30) days from the date of this order.
  • Additional Order: An urgent certified copy of this order shall be granted on proper application.

Final Outcome

The Authorized Officer of DCB Bank is mandated to consider the one‑time settlement request within four weeks; coercive measures are barred pending the petitioner’s deposit of Rs 10 lakhs within 30 days, and an urgent certified copy of the order must be issued upon request.

Topics: One-Time Settlement, Banking Litigation