1 IN THE HIGH COURT OF JUDICATURE FOR RAJASTHAN AT JODHPUR -------------------------------------------------------- SPL. APPL. WRIT No. 493 of 2009 M/S. SUJAN COTTON & OIL UNIT V/S JODHPUR CENTRAL CO-OP. BANK LTD. & ORS Mr. AMIT DAVE for Mr. PP CHAUDHARY, for the appellant / petitioner Mr. PARAMVEER SINGH CHAMPAWAT, for the respondent Date of Order : 4.11.2009 HON'BLE SHRI N P GUPTA,J. HON'BLE SHRI GOVIND MATHUR,J. ORDER ----- It is submitted by learned counsel for the appellant that acording to the notice for auction issued by the bank being at Anex.R/3 a sum of Rs.11,80,000/- was outstanding out of which the appellant has already paid Rs.11,50,000/-. However, in such circumstances, he would better like to approach the respondent bank for settlement of the bank amount and pay the amount that may be outstanding. To which learned counsel for the bank submits that the amount that may be outstanding is required to be calculated and the petitioner may submit a representation in that regard, whereupon the bank shall calculate the amount and inform the precise amount due against the petitioner to the petitioner. We find that in para 5 of the preliminary objections contained in the reply filed by the bank Rs.11,80,000/- has shown to be outstanding till 11.7.2008. In that view of the matter, the bank shall determine the outstanding amount on petitioner's submitting representation and considering the matter on the basis that as on 11.7.2008 Rs.11,80,000/- was outstanding. The bank shall accordingly, intimate the precise 2 amount outstanding against the petitioner and the petitioner undertakes to depsoit the amount within a period of two months from the date of bank's intimating the precise amount. The appeal is, accordingly, disposed of. ( GOVIND MATHUR ),J. ( N P GUPTA ),J. /tarun/