https://www.taxtmi.com/caselaws?id=780544 A borrower cannot invoke Article 226 to compel a bank to disclose its OTS benchmark or to accept, or positively consider, a settlement proposal where no enforceable OTS policy, statutory duty, or legitimate expectation is shown. In loan recovery matters involving public funds, and especially where SARFAESI and insolvency proceedings are already pending, the bank's decision whether to grant one-time settlement remains a matter of commercial discretion. A writ of mandamus cannot be used to alter contractual loan terms or force settlement relief in the absence of a legal obligation, so interference was unwarranted. en-us Fri, 17 Oct 2025 00:00:00 +0530 Sat, 01 Nov 2025 08:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=780544 A borrower cannot invoke Article 226 to compel a bank to disclose its OTS benchmark or to accept, or positively consider, a settlement proposal where no enforceable OTS policy, statutory duty, or legitimate expectation is shown. In loan recovery matters involving public funds, and especially where SARFAESI and insolvency proceedings are already pending, the bank's decision whether to grant one-time settlement remains a matter of commercial discretion. A writ of mandamus cannot be used to alter contractual loan terms or force settlement relief in the absence of a legal obligation, so interference was unwarranted. Case-Laws IBC Fri, 17 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=780544