C.W.P. No.4836 of 2009 -1- IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH C.W.P. No.4836 of 2009 Date of decision:06.08.2009. Chhaju Ram ..Petitioner Versus Oriental Bank of Commerce and others ...Respondents CORAM: HON'BLE MR. JUSTICE JASBIR SINGH Present: Mr. Somesh Gupta, Advocate, for the petitioner. Mr. B.R.Bansal, Advocate, for respondent Nos.1 to 3. Mr. Sandeep Khunger, Advocate, for respondent No.4. Mr. Anil Sharma, Addl. A.G., Punjab, for respondent No.5. **** JASBIR SINGH, J. (ORAL). This writ petition has been field with a prayer that respondent Nos.1 to 5 be directed, to open seal, which was illegally put on petitioner's shop, by respondent No.1. It is case of the petitioner that he is a tenant in that shop, which fact was disputed by the respondents. Be that as it may, on perusal of reply filed by the respondents, it has become clear that the shop was sealed by the bank officials, by invoking provisions of Securitization and Reconstruction of Financial Assets & Enforcement of Security Interest Act, 2002, for C.W.P. No.4836 of 2009 -2- realization of amount, due from owner of the shop. In the meantime, the property in question was sold for an amount of Rs.16,25,000/-. Matter was heard, at length, on the last date of hearing. When this writ petition was going to be dismissed, the petitioner undertook that he is ready to purchase the shop in question for an amount of Rs.19,50,000/-. Today, no commitment was made in that regard, rather it was stated that six months' time be granted to the petitioner to make the payment. In view of above, no case is made out for interference at the instance of the petitioner. The shop in question was possessed legally, to recover amount, due to the respondent – bank. Dismissed. August 06, 2009. ( JASBIR SINGH ) vinod* JUDGE