KPL. Steel Private Limited vs Bank of Maharashtra

WP No. 20268 of 2026 IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 24-06-2026 CORAM THE HON'BLE MR.JUSTICE MOHAMMED SHAFFIQ WP No. 20268 of 2026 and WMP No.21721 of 2026 KPL. Steel Private Limited Rep. by its Director, No.4, Vinayaga Nagar, K.K.Nagar, Madurai 625 020. ..Petitioner(s) Vs 1. Bank of Maharashtra Rep. by its Assistant General Manager, Recovery Department, Head Office, Lomangal, 1501, shivaji Nagar, Pune, Maharashtra. 2. The Chief Manager, Bank of Maharashtra, Assets Recovery Branch, No.43, 2nd Floor, Akshaya Shanti, Anna Salai, Chennai 600 002. 3. The Branch Manager,1, Ban of Maharashtra, Madurai Branch, No.110/110 A, Nethaji Road, Madurai 625 001. ..Respondent(s) PRAYER: Writ Petition filed under Article 226 of the Constitution of India, pleased to issue a Writ of Mandamus, directing the respondents to extend the time for payment of the balance OTS amount in terms of the sanction dated 30/09/2025 issued by the 1st respondent in Ax1/ Recovery / OTS / KPL STEEL /2025-26 and the revalidation dated 08/01/2026 issued by the 2nd respondent in AX76 / Recovery / NPA /2025-26, and permit the petitioner to remit the entire OTS amount together with the delayed period interest