Do you support RBI offer for Individuals and companies for one time settlement?

In a rare and high risk decision, the RBI has announced that those Individuals who are interested to settle their dues across single window one time payment they are welcome to do so as for the first time the RBI has put the insolvency and bankrupt clause on hold. This means those who were evading the high loan amount and stay put in other countries would now dictate terms to waive of huge interest and people like Vijaya Mallaya who has been insisting for 9000 crore over the table settlement would be hugely benefited as he owes over 13000 crores to the banks. Even huge borrowers from Individuals can benefit from this offer. Any comment?