M/S Rakesh Furniture And ORS v. Drt And ORS

IN THE HIGH COURT OF PUNJAB AND HARYANA

AT CHANDIGARH CWP No. 5866 of 2017 Decided on : 22.03.2017 M/s Rakesh Furniture and others . . . Petitioners

Versus

Debt Recovery Tribunal-I, Chandigarh and others . . . Respondents CORAM: HON'BLE MR. JUSTICE AJAY KUMAR MITTAL HON'BLE MR. JUSTICE RAMENDRA JAIN PRESENT: Mr. Sanjeev Patiyal, Advocate for the petitioners.

**** AJAY KUMAR MITTAL, J. (Oral) The petitioners have approached this Court under Articles 226/227 of the Constitution of India, seeking a writ in the nature of Mandamus, for direction to respondent No.1 for recalling the order dated 10.03.2017 (Annexure P-7), vide which, the extension of time prayed by the petitioners for payment of dues to respondent No.2 and 3, as per the order dated 05.12.2016 (Annexure P-2) has been declined on merits. 2.

Since the representation (Annexure P-8) filed by the petitioner, in pursuance to the order dated 10.03.2017 (Annexure P-7) passed by the Debt Recovery Tribunal-I, Chandigarh, has not been decided by the respondent-Bank by passing a speaking order, learned counsel for the petitioners states that he may be allowed to withdraw the present writ petition with liberty to the petitioners to take recourse to the remedies as may be available to them, in accordance with law.

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Dismissed as withdrawn.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 (RAMENDRA JAIN) March 22, 2017 JUDGE J.Ram Jawala Ram 2017.03.24 15:41 I attest to the accuracy and authenticity of this document Chandigarh Whether speaking/reasoned:

Yes/No Whether Reportable:

Yes/No