CWP No.5637 of 2009 [1] IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH. C. W. P. No. 5637 of 2009 (O&M) Date of Decision: 30 - 10 - 2009 M/s Dina Nath Gupta & Company ....Petitioner v. State Bank of India and another ....Respondents CORAM: HON'BLE MR.JUSTICE KANWALJIT SINGH AHLUWALIA *** Present: Mr.Sukhvinder Singh, Advocate for the petitioner. Mr.Ashok Gupta, Advocate for the respondents. *** KANWALJIT SINGH AHLUWALIA, J. (ORAL) CM No.17889 of 2009 C.M. is allowed. Written statement is taken on record. CWP No.5637 of 2009 Mr.Sukhvinder Singh, Advocate on instructions from his client Ashwani Gupta and Mr.Ashok Gupta, Advocate on instructions from his client K.LGoel, Branch Manager, State Bank of India, Kotakpura have stated that parties have agreed to arrive at the following settlement:- Petitioners have paid two post-dated cheques (each for Rs.One lac) to the Branch Manager, State Bank of India, Kotakpura and these CWP No.5637 of 2009 [2] cheques are dated 20.11.2009 and 5.12.2009. It is further agreed that after encashment of cheques on or before 31.12.2009, Rs.3 lacs more will be paid. Thereafter, in each falling quarter, petitioner shall pay Rs.4,50,000/- to the Bank. Counsel for the parties are also in agreement that in case petitioner fail to adhere to this settlement, the Bank will be at liberty to proceed in accordance with law. In view of the broad consensus arrived at between the parties, the present writ petition is disposed of. ( KANWALJIT SINGH AHLUWALIA ) October 30, 2009. JUDGE RC