M/S Tool Tex Industrial Corp. And ORS. v. The Zonal Officer, Union Bank Of India And ANR.

IN THE HIGH COURT OF PUNJAB AND HARYANA AT

CHANDIGARH CWP No.4832 of 2023 Date of Decision: 13.03.2023 M/s Tool Tex Industrial Corp. and Ors.

......Petitioners

Versus

The Zonal Officer, Union Bank of India and Anr .....Respondents CORAM: HON'BLE MR. JUSTICE HARINDER SINGH SIDHU HON'BLE MR. JUSTICE LALIT BATRA

Present:

Mr. Ashish Bakshi, Advocate for the petitioners. Mr. Kamal Satija, Advocate for respondent Nos.1 & 2. HARINDER SINGH SIDHU, J Learned counsel for the petitioners submits that the petitioners would submit a proposal for settlement to the respondent-Bank within five days from today. The petitioners would be content if the said proposal is considered by the respondent-Bank by passing appropriate orders thereon. The prayer being innocuous, is allowed.

Ordered accordingly.

Considering the fact that as on today only symbolic possession of the property has been taken, present petition is disposed of, giving liberty to the petitioners to avail of his remedy at subsequent stage, if advised. (HARINDER SINGH SIDHU) JUDGE March 13, 2023 (LALIT BATRA) manoj JUDGE Whether speaking/reasoned: Yes/No Whether Reportable: Yes/No MANOJ KUMAR 2023.03.15 14:30 I attest to the accuracy and integrity of this document