JUDGMENT : 1. With consent of the learned counsel for the parties, the matter is heard finally. 2. In this petition, the petitioner has assailed the validity of the notice issued to the petitioner under Section 13(2) of Securitization And Reconstruction Of Financial Assets and Enforcement Of Security Interest Act 2002. 3. Learned counsel for the petitioner at the outset submitted that on receipt of notice under Section 13(2) of the Act, the petitioner has submitted a representation on 23.03.2017 in which the petitioner has made an offer for settlement of his amount under one time settlement scheme as per the guidelines framed by the Reserve Bank of India. It is further submitted that the representation submitted by the petitioner has been dealt with by the Bank and the same has been forwarded for one time settlement, however, no final decision has been taken till date and the writ petition be disposed of with the direction to the respondents to take a final decision with regard to the one time settlement as well as representation submitted by the petitioner as per the guidelines framed by the Reserve Bank of India within a fixed time limit. In view of the aforesaid submission, we deem it appropriate to dispose of the writ petition with the direction to the competent authority of the respondent –Bank to take a decision on the representation submitted by the petitioner under the one time settlement scheme as per the guidelines framed by the Reserve Bank of India by a speaking order within a period of six weeks from today. In the meanwhile, it is directed that no coercive action shall be taken against the petitioner till the representation submitted by the petitioner is decided. With the aforesaid directions, the petition is disposed of.