Citation : 2009 Latest Caselaw 2266 Del
Judgement Date : 26 May, 2009
* IN THE HIGH COURT OF DELHI AT NEW DELHI
+ LPA No. 257/2009
SMT. SAROJA K.(PROP.) & ORS. ..... Appellants
Through: Mr. S.R. Singh, Advocate.
versus
GOVT. OF NCT DELHI & ORS. ..... Respondents
Through: Mr. Sanjay Poddar, Advocate for
Respondent Nos. 2 to 4.
CORAM:
HON'BLE THE CHIEF JUSTICE
HON'BLE MR. JUSTICE NEERAJ KISHAN KAUL
ORDER
% 26.05.2009
1. This appeal is directed against the order of the learned single
Judge dated 27th March, 2009.
2. The appellants (original petitioners in the writ petition) sought
a direction in the writ petition to the respondents (original
respondents in the writ petition) to settle, in accordance with the One
Time Settlement Scheme (in short 'OTS Scheme') formulated by Delhi
Financial Corporation (in short 'DFC'). The appellant had been
sanctioned a term loan by DFC. Since there was default in payment
of installments to service the loan, DFC issued a notice to the
appellant. The appellant thereafter sought permission from DFC to
sell the machinery which was granted. The Assistant Collector
(Recovery) passed an order attaching the salaries of the guarantors
who are appellants Nos. 2 and 3 in the present proceedings. They
preferred an appeal to the Collector which was pending when they
filed the writ petition in this Court. The Court had, after issuance of
notice stayed the impugned order of attachment.
3. During the pendency of the writ petition, the DFC filed an
application for direction, stating about the formulation of OTS
Scheme on 26th February, 2004. As per the DFC, the outstanding
balance as on 25th March, 2000 of the appellant was
Rs.10,70,422.40/-, excluding the interest. As per the OTS Scheme,
the appellant had to pay Rs. 4,59,543.43/- to settle the matter fully
and finally. The DFC further contended that the appellant had been
called for negotiations sometime in 2005 but she failed to avail of the
offer. It was also stated on behalf of DFC that if the appellant
approached the DFC, her case shall be reviewed under the OTS
Scheme. The learned single Judge rightly held that in view of
averments made in the application moved by DFC, the liabilities of
the appellant had been vastly reduced and DFC was willing to
consider the appellant's request for settlement. In view of the same
and taking into account the health of the appellant as also the
generally prevailing economic conditions, the learned single Judge
disposed of the writ petition directing the DFC to consider the
appellant's request sympathetically and extend the OTS Scheme to
enable settlement of its dues by the appellant.
4. It was now sought to be contended by the appellant that she
was entitled to a settlement under the OTS Scheme 2001 and not
under OTS Scheme 2004.
5. The learned counsel for the respondents drew our attention to
OTS Scheme 2001 at page-17 of the paper book. One of the
conditions in the said scheme was that the proposal had to be
submitted by the applicant along with a demand draft/pay order
equivalent to 25% of outstanding dues as on date. The learned
counsel for the respondents then referred to the application of the
appellant under the OTS Scheme 2001 at page-19 of the paper book.
In the said application, there was no mention of the proposal to
deposit equivalent of 25% of the outstanding dues along with the
application. Thus, as per the counsel for the respondents, the
appellant was not found complying with the conditions stipulated
under the OTS Scheme of 2001 and there was no question of
considering its case under the said scheme.
6. We find no infirmity in the order of the learned single Judge,
which is a fair, reasonable, just and equitable order giving an
opportunity to the appellant to apply under the OTS Scheme of 2004.
As per the DFC, in their averments have been made before the
learned single Judge if the appellant were to apply under the said
scheme for settlement, her liabilities would be vastly reduced and the
request for settlement would be considered.
7. Accordingly, the appeal must fail. The appeal is dismissed. All
applications stand disposed of as well.
CHIEF JUSTICE
NEERAJ KISHAN KAUL, J.
MAY 26, 2009 sb
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