Authority: High Court of Uttarakhand at Nainital
Order Date: 13 October 2026
Case Overview
- Petitioner: Safika Khatun (widow) filed Writ Petition Misc. Single No. 1030 of 2026 challenging two notices issued by respondent No.2 – Bank.
- Notices: Symbolic possession notice dated 08.10.2025 and demand notice dated 21.01.2025 (annexures‑1 & 2) demanding Rs 30,92,218.
- Loan Background: Husband had obtained a Cash Credit Limit (CCL) of Rs 63,46,711 from the Bank for his contracting business. Partial repayment was made; an outstanding amount of approximately Rs 30 lakhs remained.
- Husband’s Demise: The husband died in 2021 during the COVID‑19 pandemic, leaving the outstanding liability.
- Petitioner's Offer: She is willing to repay the outstanding amount in instalments provided the interest component is waived.
- Representation: A representation dated 25.03.2026 was submitted to respondent No.1 seeking a one‑time settlement; no decision had been communicated.
- Bank’s Position: The Bank, relying on a circular dated 28.11.2025 (annexure‑4), indicated it would consider the petitioner's settlement request if a fresh representation is filed within fifteen days from the order date.
Final Outcome
- The writ petition is disposed of finally.
- The petitioner may file a fresh representation before respondent No.2 – Bank within fifteen days from 13.10.2026, invoking the circular dated 28.11.2025.
- Upon receipt of such representation, the Bank shall consider it strictly in accordance with law and the said circular, and shall pass an appropriate order within four weeks.
- Any pending applications, if any, are also disposed of.
Topics: Loan Settlement, Banking Litigation, Court Order