IN THE HIGH COURT FOR THE STATES OF PUNJAB AND HARYANA AT CHANDIGARH. C.W.P. No. 2138 of 2009. Date of Decision: 25th February, 2009. Kanwar Narinder Singh Petitioner through Mr. Amit Rawal, Advocate Versus The Authorized Officer, Syndicate Bank & Ors. ..Respondents through Mr. I.P.Singh, Advocate. CORAM: HON'BLE MR. JUSTICE SURYA KANT. 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? SURYA KANT, J. [ORAL) Learned counsel for the petitioner submits that in deference to the order dated 19.2.2009, a request was made before the Debts Recovery Tribunal, Chandigarh to decide the recovery suits filed by the respondent Bank to the extent of admission of claim by the petitioner. It is pointed out that the Tribunal has already heard the matter and judgment has been reserved. Learned counsel for the petitioner submits that he has no objection if the amount of Rs.15 lacs lying in the Sundry Account is adjusted by the Bank towards the loan liability. He also undertakes that the petitioner shall deposit a sum of Rs.10 lacs with the Bank not later than two weeks, followed by payment of the balance principal suit amount by 31.3.2009. In the light of the subsequent events noticed above and keeping in view the willingness of the petitioner to discharge the loan liability, the respondent is directed to keep in abeyance the proceedings under Section 13[2] of the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002. Disposed of. Dasti. February 25, 2009. ( SURYA KANT ) dinesh JUDGE