Petition couldn’t seek implementation of ‘One Time Settlement Scheme’ on failing to pay 5% upfront amount: HC

FEMA, BANKING amp; INSURANCE : Where respondent bank offered One Time Settlement (OTS) scheme to petitioner, however, petitioner had not even paid 5 per cent upfront amount within time stipulated in OTS, it would not be entitled to seek for implementation of said scheme

from www.taxmann.com Latest Case Laws https://www.taxmann.com/research/direct-tax-laws/top-story/101010000000315123/petition-couldn’t-seek-implementation-of-‘one-time-settlement-scheme’-on-failing-to-pay-5-upfront-amount-hc.aspx