IN THE HIGH COURT OF JUDICATURE AT PATNA CWJC No.15363 of 2008 1. M/S A.G.ENTERPRISES, having its office at Priya Market, Saraiya Ganj, Muzaffarpur through its Proprietor. 2. Ashok Kumar Gupta, Proprietor, M/S A G Enterprises, son of late Jaggarnath Prasad Bhartiya, Moolchand Road, P S. Samastipur, Marwari Bazar, Samastipur. Versus 1. UNION BANK OF INDIA through Chief Manager cum Authorised Officer, Nodal Regional Office, Nasheman, Mazheral Hagnepath, Patna. 2. Branch Manager, Union Bank of India, Muzaffarpur Branch, Safi Dauli Market, Motijheel, Muzaffarpur. ----------- 02. 03.05.2010 Petitioners have demonstrated that some repayments have been done to the extent of Rs.6.25 lacs out of the total outstanding dues of Rs.10 lacs and odd. Counsel for the petitioners have expressed further desire to settle the dispute by making repayments provided the Bank considers their offer favourably and granting exemption or waiver, if any, in terms of the circular of the RBI. There is purpose on the part of the petitioner to make repayments. If final figure and settlement is worked out, petitioners shall make payment within a time-frame, may be even on instalments. Taking into consideration the submission and the prayer of the petitioners, they will be advised to approach the Bank with their offer and the Branch Manager, Union Bank of India is hereby directed to work out the terms of the settlement keeping in view the various circulars of the RBI. The writ application is disposed of with a 2 direction as above. Till such settlement is worked out or failure thereof is recorded, no coercive steps will be taken against the petitioners in the meanwhile. rkp ( Ajay Kumar Tripathi, J )