IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH COCP No.145 of 2008(O&M) Date of decision: 22.7.2009 Punjab and Sind Bank ......Petitioner(s) Versus Jatinder Gupta ......Respondent(s) CORAM:- HON'BLE MR.JUSTICE RAKESH KUMAR GARG * * * Present: Ms. A.P. Kaur, Advocate for the petitioner. Mr. Rohit Suri, Advocate with respondent-Jatinder Gupta, in person. Rakesh Kumar Garg, J.(Oral) CM No.16752-CII of 2009 Application is allowed subject to all just exceptions. Affidavit of J.R. Gupta is taken on record. COCP No.145 of 2008 The respondent who is present in Court, has handed over a demand draft for an amount of Rs.1,24,000/- to the counsel for the petitioner. On instructions from the respondent learned counsel appearing on his behalf submits that some other amount is lying deposited with the petitioner-Bank which is surplus and the respondent will not be having any objection if that surplus amount is adjusted by the petitioner- Bank to satisfy its claim qua the present dispute. It is further stated by the learned counsel for the respondent that after adjusting the aforesaid amount, even some more amount will remain surplus which can be returned back to the respondent. Learned counsel appearing on behalf of the petitioner-Bank COCP No.145 of 2008(O&M) -2- has no objection to the aforesaid statement made by the learned counsel for the respondent. It is needless to say that in case the debt of the respondent stands discharged, in that eventuality, the petitioner-Bank shall immediately hand over the property in dispute to the respondent. Disposed of Rule discharged. July 22, 2009 (RAKESH KUMAR GARG) ps JUDGE