IN THE HIGH COURT OF JUDICATURE AT PATNA Miscellaneous Jurisdiction Case No.4846 of 2011 Ganesh Pd. And Ors Versus The Panjab Nnational Bank & Or ---------------------------------- 2/ 23.11.2011 The petitioner has filed this application for modification of order dated 30.09.2011 passed in C.W.J.C. No.17519 of 2011 with a prayer to extend the time limit for submission of his proposal before the Bank as well as for continuation of protection granted by this Court. The petitioner is a small shopkeeper. He initially was allowed cash credit limit of Rs.50,000/-, which was subsequently extended to Rs.5,00,000/-. The business of the petitioner failed and he could not make the deposit in time and as such the loan was declared non-performing assets. In view of the stand of the petitioner that he would pay the entire amount within a year, this Court allowed him indulgence to pay a sum of Rs.1,00,000/- by 03.10.2011 and to pay the balance amount along with current interest in 12 equal installments. This Court by order dated 30.09.2011, passed in C.W.J.C. No.17519 of 2011 directed the petitioner to pay the aforesaid sum of Rs.1,00,000/- and would make his proposal within four weeks regarding payment of loan. This Court granted interim protection for disposal of the matter under Section 13(3) of the SARFAESI Act 2002. The petitioner submits that this Court further 2 observed that the Bank would be obliged to receive a sum of Rs.1,00,000/- which would be tendered by the petitioner by 03.10.2011. The petitioner submits that on account of unavoidable circumstances, there was a delay of 16 days in depositing the amount. He further submits that the Bank too had accepted the aforesaid amount. Having regard to the facts and circumstances of the case, the petitioner should immediately put forth his proposal before the Bank, if he has already not done within a period of three weeks. Order dated 30.09.2011 passed in C.W.J.C. No.17519 of 2011 stands modified to the above extent. Uday/ (Samarendra Pratap Singh, J.)