Jai Singh Batra v. Punjab National Bank & ANR.

-1CWP No.10746 of 2015 (O&M)

IN THE HIGH COURT OF PUNJAB AND HARYANA AT

CHANDIGARH CWP No.10746 of 2015 (O&M) Date of decision: 29.08.2016 Jai Singh Batra ....Petitioner

Versus

Punjab National Bank and another ....Respondents CORAM: HON'BLE MR. JUSTICE AJAY KUMAR MITTAL HON'BLE MR. JUSTICE RAMENDRA JAIN Present: - Mr. J.S. Jaidka, Advocate, for Mr. Deepak Aggarwal, Advocate, for the petitioner. Mr. Anil K. Ahluwalia, Advocate, for the respondents. AJAY KUMAR MITTAL, J. (ORAL) This writ petition under Articles 226 and 227 of the Constitution of India has been filed for issuance of a writ in the nature of cartiorari for quashing the notice dated 15.03.2013 (Annexure P-3) vide which the symbolic possession of the shop of the petitioner has been taken. Further prayer has been made for directing the respondents to regularize the loan account of the petitioner.

2.

Learned counsel for the parties state that the dispute has been amicably settled and an amount of ` 6,15,000/- has been paid by the petitioner as one time settlement to discharge the total outstanding amount. E-mail received to that effect has been produced in Court, which is taken on record.

Ravinder Singh 2016.09.02 14:35 I attest to the accuracy and authenticity of this document

-2CWP No.10746 of 2015 (O&M) 3.

In view of above, learned counsel for the petitioner states that this petition has been rendered infructuous. Ordered accordingly. 4.

In view of the one time settlement between the parties, the CM No.11705 of 2015 has become infructuous and the same is also disposed of as such.

(AJAY KUMAR MITTAL) JUDGE (RAMENDRA JAIN) 29.08.2016 JUDGE R.S.

Whether speaking/reasoned Yes/No Whether Reportable Yes/No Ravinder Singh 2016.09.02 14:35 I attest to the accuracy and authenticity of this document