M/S Aakriti Pines v. Presiding Officer Debts Recovery Tribunal-Ii Punjab And ORS.

IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH

Civil Writ Petition No.7913 of 2016 Date of decision: August 22, 2016 M/s Aakriti Pines ....Petitioner versus Presiding Officer, Debts Recovery Tribunal-II, Chandigarh and others

...Respondents

CORAM:

HON'BLE MR. JUSTICE AJAY KUMAR MITTAL HON'BLE MR. JUSTICE RAMENDRA JAIN *****

Present:

Mr. Sandeep Arora, Advocate for the petitioner. Mr. R.S. Bhatia, Advocate for respondents No.2 & 3. ****** AJAY KUMAR MITTAL, J. (Oral) 1.

Through the instant writ petition filed under Articles 226/227 of the Constitution of India, the petitioner has prayed for issuance of a writ in the nature of certiorari for quashing the order dated 21.04.2016 (Annexure P-6) vide which respondent No.1 dismissed the main SA as well as the application as preferred by the petitioner for directing respondents No.2 and 3 to consider its case under One Time Settlement (in short 'OTS') Scheme. Further prayers have also been made to direct respondents No.2 and 3 to consider the case of the petitioner for OTS, not to raise technical objection as well as to stay the coercive process as initiated by respondent-Bank to take physical possession of the premises in question.

SONIA GUGNANI 2016.08.23 10:39 I attest to the accuracy and integrity of this document High Court, Chandigarh

Civil Writ Petition No.7913 of 2016 -2- ----- 2.

After arguing for sometime, learned counsel for the petitioner states that he may be allowed to withdraw the present writ petition. However, a prayer was made that liberty be granted to the petitioner to take recourse to the remedies as may be available to it, in accordance with law.

3.

Dismissed as withdrawn with liberty aforesaid. (AJAY KUMAR MITTAL) JUDGE (RAMENDRA JAIN) August 22, 2016 JUDGE sonia gugnani Whether speaking/reasoned?

Yes/No Whether reportable?

Yes/No SONIA GUGNANI 2016.08.23 10:39 I attest to the accuracy and integrity of this document High Court, Chandigarh