Bhavna & ORS v. State Bank Of India & ANR

CWP-16572-2017 -1HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH CWP-16572-2017 Date of Decision: February 06, 2018 Bhavna and others .....Petitioners

Versus

State Bank of India and another ......Respondents CORAM: HON'BLE MR.JUSTICE SURYA KANT HON'BLE MR. JUSTICE SHEKHER DHAWAN 1.

To be referred to the Reporters or not?

Yes/No 2.

Whether the judgment should be reported in the Digest? Yes/No.

3.

Whether Reporters of local papers may be allowed to see the judgment? Yes/No .......

Present:

Mr.Aalok Jagga, Advocate for the petitioners. Mr.Rakesh Gupta, Advocate for the respondents ........

SURYA KANT, J.

Learned counsel for the parties jointly state that the loan account has been amicably settled under 'One Time Settlement' Scheme according to which the petitioners have already deposited a sum of `2,27,000/- and the balance amount has been agreed to be paid on or before 31.03.2018.

[2] The petitioners are young children (major and minor) of late Sohan Singh, the borrower. Sohan Singh unfortunately committed suicide on 18.08.2016 leaving behind the petitioners, eldest of whom is 23 years old and she was studying at the time when her father passed away. She has now taken over a private job in a Laboratory to earn livelihood. Taking into Meenu 2018.02.14 15:25 I attest to the accuracy and authenticity of this document chandigarh consideration the mitigating circumstances and the hardships being faced by

CWP-16572-2017 -2the petitioners, whose mother had already died on 15.08.2003, we have persuaded learned counsel for the Bank to extend the last date for payment to 31.05.2018. Ordered accordingly.

( SURYA KANT ) JUDGE February 06, 2018 ( SHEKHER DHAWAN ) meenuss JUDGE 1.

Whether speaking/reasoned ?

Yes/No 2.

Whether reportable ?

Yes/No Meenu 2018.02.14 15:25 I attest to the accuracy and authenticity of this document chandigarh