-1- mgj IN THE HIGH COURT OF JUDICATURE AT BOMBAY CIVIL APPELLATE JURISDICTION Writ Petition No.4302 of 2008 M/s Ahuja Bulk Carriers ..Petitioners vs. 1. Jankalyan Sahakari Bank Ltd. and others ..Respondents Shri Dinesh W.Bhosale for petitioners. None for respondents. CORAM: CORAM: CORAM: J.N.PATEL & J.N.PATEL & J.N.PATEL & S.J.KATHAWALLA S.J.KATHAWALLA S.J.KATHAWALLA JJ. JJ. JJ. 5th December, 2008 5th December, 2008 5th December, 2008 P.C. P.C. P.C. 1. By the present petition, the petitioners seek a direction to the Respondent Bank to consider the loan proposal of the petitioners under "one time settlement scheme" (O.T.S.) as per the direction of the Commissioner for Cooperation, Maharashtra State, Pune and from Reserve Bank of India to that effect. 2. As far as O.T.S. scheme is concerned, it is for the respondent Bank to take a decision whether they should accede to the request for O.T.S. or not and accept the offer of the petitioners/debtors in respect thereof. It is not a vested right in -2- the petition which can be enforced by way of a writ petition before this Court. 3. In view thereof we are not inclined to entertain the present petition. The petition stands dismissed. (S.J.KATHAWALLA J.) (J.N.PATEL J.) (S.J.KATHAWALLA J.) (J.N.PATEL J.) (S.J.KATHAWALLA J.) (J.N.PATEL J.)