T H T OF CHH TTISGARH ILA wimp ON . é’sma ar-‘zoog /Kofak Mahfndm Bank Limifed, Through ifs Manager, Recovary. Amandeep Singh Garcha 5/0 Shri Ravinder singh Eartha, aged about 27 year‘s Official address-Firsf Floor, $inghania House, Near Raj Bhawcm‘ Civil Line, Raipur, Districf Raipur (6.6.) VER5V§ / (1) Punjab Nufional Bank. fhfough ifs Au‘rhorized Officer, Circle Office, Ruipur, District» Raipur, (6.6.) ( (2) Punjab Naiionai Bimk. Through ifs Branch Manager, Bhiiai Branch, Civi¢ Cerm'e, Bhiiai, Disirici‘ burg, (6.6.). K, (3) A.B.$. Sieel Company Lid” Through ifs Direcfar, Anii Agrawai, 137-A, LigM Indusm’ai Area, Bhilai, Disiricf~ burg, (C.&.). J’Wg1 PETITION LlzA 226 Qf THE CONSEQyHQg OF $QIA \J 1. Parricuiars of we pa'ritioner: H IGH COURT OF CHHATTISGARH AT BILASPUR WRIT 'PETITION (C) NO. 6240 OF 2009 Kotak Mahindra Bank Limited Versus Punjab Natiohal Bank & Others Petitioner Respondent WRIT PETITION UNDER ARTICLE 226 OF THE CONSTITUTION OF INDIA (SB : Hon’ble Mr. Satish K. Agnihotri, J.) ‘P_resent :-’ Shri Awadh Tripathi, Advocate for the petitioner: Shri Goutam Bhaduri with Shri T.R.Dahire, Advocate for_the respondents No. 1 & 2. ORDER (ORALI (Passed on 23‘ day of October, 2010) Learned counsel appearing for the respondents Bank submits that the medium goods vehicle in dispute, wherein the said vehicle was standing seal on subsequent to the order passed u-nder Section 13(4) of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security interest Act, 2002. On the request of Iearned counsel for the petitioner that the said vehicle was hypothicated, the respondent Bank is agreeable to release the same on submission of indemnity bond. In view of categorical statements made by the respondent Bank, nothing survives for adjudication when the petitioner is ready and willing to take delivery of the said vehicle on submission of indemnity bond. ln view of the above, thepetition stands disposed of. No order asto costs. "L I _ _ I I VSd/- IZ—m j SatishK. A’gn‘ihmri V I -' v Judge ashok