[Article 226] Writ Courts Can't Direct Banks to Not Cancel One Time Settlement Facility Granted to Customers: Kerala High Court

In a recent decision, the Kerala High Court ruled that a party cannot seek a writ under Article 226 of the Constitution of India to direct a bank not to cancel the One Time Settlement (OTS) facility granted to it. The court clarified that writ jurisdiction is not the appropriate remedy for issues arising from the execution or modification of OTS agreements between banks and their customers. Background of the…