Civil Writ Petition No.13256 of 2010 #1# IN THE HIGH COURT OF PUNJAB & HARYANA AT CHANDIGARH. Civil Writ Petition No.13256 of 2010 Date of Decision:-28.09.2011 Sukhwinder Kaur. ......Petitioner. Versus State Bank of India. ......Respondent. CORAM:- HON'BLE MR. JUSTICE HEMANT GUPTA HON'BLE MR. JUSTICE JASWANT SINGH Present:- Mr. K.S. Rekhi, Advocate for the Petitioner. Mr. Vikas Chatrath, Advocate for the Respondent. *** HEMANT GUPTA, J.(ORAL) The petitioner has invoked the writ jurisdiction of this Court challenging the order dated 28.06.2010(P-2) obtained by the respondent Bank from District Magistrate, Roopnagar for taking possession of the property measuring 600 Sq.Yards, Khasra No.365, Khata Katauni No.9/10, 11 situated in village Rangilpur, Tehsil and District Roopnagar. It is averred in the petition that husband of the petitioner has availed loan from the Bank but unfortunately her husband has been killed on 25.01.2010. It is the case of the petitioner that she was not aware of the fact of loan availed by her husband but now came to know that Rs.10,73,146.96/- is outstanding against her husband along with interest upto 16.10.2009. The petitioner has also pointed out that she is ready and willing to settle the loan account of her husband provided the Bank give sufficient time to make payment of the loan amount. Mr. Vikas Chatrath, learned Counsel for the Bank stated that after Civil Writ Petition No.13256 of 2010 #2# the filling of the petition, the petitioner has paid a sum of Rs.6,00,989/- upto 15.09.2011 and that balance amount due is around Rs.5 lac. Mr. Chatrath states that the bank shall consider if petitioner submits a representation for granting concession in the matter of payment of interest as well as securitization charges payable to the securitization agency. It is further pointed out that the petitioner may make the balance payment within one year in equated monthly installments. Mr. Rekhi, learned Counsel for the petitioner undertakes to make the payment to the Bank in installments within one year i.e. on or before 30.09.2012. Mr. Rekhi also states that petitioner shall file a representation within a week which may be considered by the Bank sympathetically. Keeping in view the aforesaid fact, the present writ petition is disposed of in view of the undertaking of the petitioner to deposit the due amount in installments on or before 30.09.2012 with further direction to the Bank to consider the request of the petitioner for granting benefit of interest as well as waiver of securitization agency charges within one month of submission of the representation. ( HEMANT GUPTA ) JUDGE ( JASWANT SINGH ) JUDGE September 28, 2011 Vinay