M/S Gain Polymers Llp v. Indian Overseas Bank And Others

IN THE HIGH COURT OF PUNJAB AND HARYANA AT

CHANDIGARH CWP-15752-2020 Date of decision : 29.09.2020 M/s Gain Polymers LLP ....Petitioner V/s Indian Overseas Bank & ors.

....Respondent CORAM: HON'BLE MR. JUSTICE RAJAN GUPTA HON'BLE MR. JUSTICE KARAMJIT SINGH

Present:

Mr. Aalok Jagga, Advocate for the petitioner. Mr. Rakesh Gupta, Advocate for the caveator-Bank. RAJAN GUPTA J. (ORAL) Case has been heard through Video Conferencing in view of COVID-19 Pandemic.

Mr. Jagga submits that petitioner shall vacate the property within three months.

Mr. Rakesh Gupta, Advocate, who is appearing for the caveatorBank submits that it should be given the liberty to proceed as per law in case petitioner does abide by the undertaking. We grant this liberty. As this is the limited plea involved in the present writ petition, no further adjudication is necessary. Present petition is disposed off. (RAJAN GUPTA) JUDGE (KARAMJIT SINGH) JUDGE September 29, 2020 Ajay Whether speaking/reasoned:

Yes/No Whether reportable:

Yes/No AJAY KUMAR 2020.09.29 14:12 I attest to the accuracy and authenticity of this document