M/S Sushil Kumar & Bros And ANR v. Authorised Officer Bank Of India

IN THE HIGH COURT OF PUNJAB & HARYANA AT CHANDIGARH

CWP-26625-2016 Date of decision: 22.12.2016 M/s Sushil Kumar and Brothers and another ..... Petitioners

Versus

Authorized Officer, Bank of India ..... Respondent

CORAM:

HON'BLE MR. JUSTICE AJAY KUMAR MITTAL HON'BLE MR. JUSTICE RAMENDRA JAIN PRESENT: Mr. Rohit Suri, Advocate for the petitioners. AJAY KUMAR MITTAL, J. (ORAL) 1.

The petitioners have approached this Court under Article 226 of the Constitution of India, for setting aside the letter dated 29.11.2016 (Annexure P-3) and further a direction be issued to the respondent-Bank, to rework on the calculations in terms of the order dated 05.05.2016 (Annexure P-1) passed by the Debts Recovery Tribunal-II, Chandigarh. 2.

After arguing for some time, learned counsel for the petitioners submitted that he may be allowed to withdraw the instant petition, with liberty to the petitioners to approach the Debts Recovery Tribunal for the relief claimed in the present writ petition.

3.

Dismissed as withdrawn. It shall, however, be open to the petitioners to take recourse to the remedies, as may be available to them, in accordance with law.

( AJAY KUMAR MITTAL ) JUDGE December 22, 2016 ( RAMENDRA JAIN ) rishu JUDGE Whether speaking/reasoned Yes/No Whether Reportable Yes/No Rishu Kataria 2016.12.23 14:39 I attest to the accuracy and authenticity of this document