CWP No.18647 of 2009 [1] IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH. C. W. P. No. 18647 of 2009 Date of Decision: 15 - 12 - 2009 Jarnail Singh ....Petitioner v. Punjab & Sind Bank ....Respondent CORAM: HON'BLE MR.JUSTICE KANWALJIT SINGH AHLUWALIA *** Present: Mr.S.K.Arora, Advocate for the petitioner. Mr.A.S.Kakkar, Advocate for the respondent. *** KANWALJIT SINGH AHLUWALIA, J. (ORAL) Mr.A.S.Kakkar, Advocate has caused appearance for the respondent-Bank. He state that Bank is ready and willing to accept the arrangement noticed in order dated 7.12.2009 issuing notice of motion, subject to the condition that petitioner shall pay the interest accrued on the outstanding amount till the entire amount is paid and he shall also bear the incidental expenses incurred by the Bank. Mr.Arora has readily accepted the condition stated by counsel for the respondent-Bank. Therefore, in view of the broad consensus arrived between CWP No.18647 of 2009 [2] counsel for the parties, it is ordered that petitioner shall pay Rs.50,000/- to the respondent-Bank within seven days from today and the remaining amount shall be paid by him within six months from today, along with interest which shall accrue on the amount to be paid by the petitioner. Petitioner shall also pay all incidental expenses incurred by the Bank. Counsel for the parties are further in agreement that in case petitioner fails to adhere to the arrangement noticed above, the Bank shall be at liberty to proceed against the petitioner in accordance with the provisions of law. With these observations, the present writ petition is disposed of. ( KANWALJIT SINGH AHLUWALIA ) December 15, 2009. JUDGE RC