IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH CWP No. 16701 of 2011 (O&M) Date of Decision: 14.9.2011 Ashu Bhatia .....Petitioner Versus State Bank of India ….Respondent CORAM: HON'BLE MR. JUSTICE HEMANT GUPTA HON’BLE MR. JUSTICE JASWANT SINGH 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: Shri Ashu Bhatia, petitioner in person. Hemant Gupta, J. (Oral) The challenge is in the present writ petition is to the order dated 1.9.2011 passed by the Debt Recovery Tribunal, Chandigarh (for short `the Tribunal’), whereby the earlier order granting status-quo in respect of the property of the petitioner, was vacated. As a consequence of the said order, respondent-Bank, becomes entitled to take physical possession of the residential house of the petitioner. The learned Tribunal has passed such order for the reason that the petitioner has not made the payment of Rs.8,00,000/- CWP No. 16701 of 2011 (O&M) and that the One Time Settlement proposal submitted by the borrower has been rejected by the Bank. The petitioner, who is appearing in person, pointed out that the order dated 1.9.2011 is appealable, but the Debt Recovery Appellate Tribunal, is not holding its sittings regularly, and holds its sitting once a month i.e. in the last week of each month. Therefore, the statutory remedy of appeal is likely to become nugatory, if the petitioner is not granted ad-interim protection for the period, the appeal is not entertained by the Debt Recovery Appellate Tribunal. Keeping in view the aforesaid fact, the present writ petition is disposed of with liberty to the petitioner to avail the remedy of appeal within one week from today. In the event of appeal being filed, the petitioner shall not be dispossessed till such time application for ad-interim stay is decided by the Debt Recovery Appellate Tribunal or for a period of three weeks, whichever is earlier. The said direction and liberty, the writ petition stands disposed of. [ HEMANT GUPTA ] JUDGE [ JASWANT SINGH ] JUDGE 14.9.2011 vinay/ds 2