Bombay High Court

SATISH BHASKAR SALUNKE AND ANOTHERversusUJJIVAN SMALL FINANCE BANK LTD THR ITS AUTHORIZED OFFICER

Disposal: DISPOSED OFF

Holding

The petitioners may approach the Debt Recovery Tribunal for a One Time Settlement and any delay in filing shall be condoned.

Summary

The petitioners, Satish Bhaskar Salunke and another, filed a writ petition before the Bombay High Court, Aurangabad Bench, challenging actions of Ujjivan Small Finance Bank Ltd. The court examined whether the petitioners could seek relief through the Debt Recovery Tribunal (DRT) by applying for a One Time Settlement (OTS) of their dues. It considered the procedural aspect of condoning any delay in filing the application before the DRT. The bench held that the petitioners were entitled to approach the DRT for OTS and that any delay would be condoned by the tribunal. Accordingly, the writ petition was disposed, granting the petitioners liberty to proceed before the DRT. The order was pronounced by Justices Abasaheb D. Shinde and Nitin B. Suryawanshi.

Issues considered

Whether the petitioners may approach the Debt Recovery Tribunal for a One Time Settlement in the present circumstances
Whether the Debt Recovery Tribunal can condone any delay in filing the OTS application

Subjects

writ petition
Debt Recovery Tribunal
One Time Settlement
condonation of delay
small finance bank
civil procedure

Judgment

2026:BHC-AUG:44288-DB


                                              1                  49-WP-12389-26.odt


                        IN THE HIGH COURT OF JUDICATURE AT BOMBAY
                                   BENCH AT AURANGABAD

                             WRIT PETITION NO. 12389 OF 2026

                           SATISH BHASKAR SALUNKE AND ANOTHER
                                            VERSUS
                 UJJIVAN SMALL FINANCE BANK LTD. THROUGH ITS AUTHORIZED
                                            OFFICER
                                               ...
              Mr. Krishna Uddhav Chaudhari, Advocate for the Petitioner
              Mr. S. K. Tambe, AGP for Respondents/State
                                               ...

                                     CORAM : NITIN B. SURYAWANSHI AND
                                             ABASAHEB D. SHINDE, JJ.
                                        DATE : 23rd SEPTEMBER, 2026

              PER COURT :

              .            The writ petition is disposed of with liberty to the

              petitioners to approach the Debt Recovery Tribunal and apply for

              One time Settlement (OTS). Delay, if any, shall be condoned by the

              Debt Recovery Tribunal.



                  (ABASAHEB D. SHINDE, J.)        (NITIN B. SURYAWANSHI, J.)




              SVH

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