1 wp 7913.11 IN THE HIGH COURT OF JUDICATURE AT BOMBAY BENCH AT AURANGABAD WRIT PETITION NO. 7913 OF 2011 Jagdish Bhimashankar Ratnaparkhi .. Petitioner Versus Balasaheb Sathbai Merchant Co-op. Bank Ltd. and others .. Respondents Shri Amol Gandhi, Advocate for the Petitioner. Shri N. R. Bhavar, Advocate for the Respondent No. 1. CORAM : S. V. GANGAPURWALA, J. DATE : 18TH OCTOBER, 2011. PER COURT : . The petitioner impugns the judgment passed by the Co- operative Court and confirmed by the Appellate Court only to the extent of interest. Shri Gandhi, the learned counsel for the petitioner submits that the Commissioner, Co-operative has issued a letter to the liquidator of the respondent/bank to settle the matter by charging interest at the rate of 12% per annum. In view of that the respondent/bank be directed to settle the account by charging interest at the rate of 12% per annum. 2 wp 7913.11 2. Shri Bhavar, the learned counsel for the respondent No. 1 submits that the petitioner has to file an application and if it satisfies with all other conditions, then only the bank can consider about one time settlement. 3. The petitioner may file an application with the respondent/bank for one time settlement and the respondent No. 1 shall consider the said application as per the scheme. 4. The writ petition is accordingly disposed of. [ S. V. GANGAPURWALA, J. ] bsb/Oct. 11