Civil Revision No.2936 of 2010 -1- IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH Civil Revision No.2936 of 2010 Date of decision: 18.11.2010 Primary Land Development Bank Ltd Assand ....Petitioner Versus Raj Kumar and another ....Respondents CORAM: HON'BLE MR. JUSTICE ALOK SINGH Present: - Mr. H.N. Sahu, Advocate, for the petitioner. 1.Whether Reporters of local papers may be allowed to see the judgment? 2.Whether to be referred to the Reporters or not? 3.Whether the judgment should be reported in the Digest? ***** ALOK SINGH, J (ORAL) Learned counsel for the bank/decree-holder states that property in question was mortgaged in favour of the bank at the time of releasing the loan amount in favour of respondent No.2. He further states that sale deed pursuant to the specific performance of contract will not affect the encumbrance on the property in question. He further states that since mortgage was done by the borrower prior to the sale deed in question pursuant to the specific performance decree, hence purchaser shall be legally bound to discharge obligations of the mortgage. He further states that bank shall be at liberty to file execution for recovery of the amount against the borrower as well as against the subsequent purchaser requesting the Executing Court to recover the decretal amount by selling the property in question. He prays to dismiss Civil Revision No.2936 of 2010 -2- the petition as withdrawn with the aforesaid liberty. Dismissed as withdrawn with aforesaid liberty. (Alok Singh) Judge November 18, 2010 R.S.