Dear Sir,
We refer to the captioned matter and wish to inform you that the company has offered amount of RO 320000 towards one time settlement of entire over dues of the company.
We have forwarded the proposal for its consideration and sanction, to our higher authorities. Please note that this is not a proof that the offer has been accepted by the bank and the offer is subject to approval of our higher authorities.
In view of above we request you to plead the court on 30.05.2016 to postpone the case to another 30 days.
Regards
Manoj Kumar
Senior Manager Credit
Bank of Baroda, Oman Ops.
#-24817373/24817563, Ext-212
credit.oman@bankofbaroda.com
manoj.kumar@bankofbaroda.com