cwp No.HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH **** CWP No.19048 of 2010 Date of Decision: 29.11.2010 **** Gurbaksh Singh & Ors. . . . . Petitioners VS. State Bank of India . . . . Respondent **** CORAM : HON’BLE MR.JUSTICE SURYA KANT **** 1. Whether Reporters of local papers may be allowed to see the judgment? 2. To be referred to the Reporters or not? 3. Whether the judgment should be reported in the Digest? **** Present: Mr. Sandeep Katoch, Advocate for the petitioners Mr. Shammi Khan, Advocate for the respondent ***** SURYA KANT J. (ORAL) (1). Learned counsel for respondent-Bank on the basis of the instructions received by him in terms of the order dated 25.10.2010, states that if the petitioners pay the entire decretal amount along with interest within six months, the respondent-Bank shall not take any coercive steps to execute the decree. (2). The petitioners have already given an undertaking to this effect on 25.10.2010. (3). The writ petition is accordingly disposed of with a direction that if the petitioners pay the balance decretal amount along with due interest preferably in equal monthly instalments on or before 31.05.2011, the respondent-Bank shall keep in abeyance the action under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002. However, if the petitioners fail to honour their undertaking, the respondent shall be at liberty to proceed against them in accordance with law. (4). Ordered accordingly. Dasti. 29.11.2010 vishal shonkar (SURYA KANT) JUDGE