Karun Kumar Bugra v. Union Bank Of India

IN THE HIGH COURT OF PUNJAB AND HARYANA AT

CHANDIGARH CWP-19198-2020 Date of decision : 11.11.2020 Karun Kumar Bugra ....Petitioner V/s Union Bank of India ....Respondent CORAM: HON'BLE MR. JUSTICE RAJAN GUPTA HON'BLE MR. JUSTICE KARAMJIT SINGH

Present:

Mr. Karan Bhardwaj, Advocate for the petitioner. RAJAN GUPTA J. (ORAL) Case has been heard through Video Conferencing in view of COVID-19 Pandemic.

Learned counsel contends that petitioner is ready to make the payment on which default has been found by the bank. He submits that petitioner shall make a representation to the Bank to withdraw the notice under section 13(2) of the Act in light of circulars Annexures, P-1 & P-2. In view of above, we dispose off the petition with the observation that Bank shall be at liberty to consider the representation of the petitioner as per law. Same be decided within a week.

Status-quo be maintained for a period of ten days from today. (RAJAN GUPTA) JUDGE (KARAMJIT SINGH) JUDGE November 11, 2020 Ajay Whether speaking/reasoned:

Yes/No Whether reportable:

Yes/No AJAY KUMAR 2020.11.12 07:31 I attest to the accuracy and authenticity of this document