IN THE HIGH COURT OF JUDICATURE AT PATNA CWJC No.12909 of 2000 M/S SHASHI COAL BRIQUETTING INDUSTRIES, INDUSTRIAL AREA, BELA MUZAFFARPUR THROUGH ITS MANAGING PARTNER, SUDHIR KUMAR SRIVASTAVA Versus 1. BIHAR STATE FINANCIAL CORPORATION FRASER ROAD, PATNA THORUGH ITS MANAGING DIRECTOR. 2. MANAGING DIRECTOR, BIHAR STATE FINANCIAL CORPORATION, FRASER ROAD, PATNA. 3. ASSISTANT GENERAL MANAGER (Z-1), BIHAR STATE FINANCIAL CORPORATION, PATNA. 4. BRANCH MANAGER, BIHAR STATE FINANCIAL CORPORATGION, MUZAFFARPUR BRANCH, MUZAFFARPUR. 5. SANJEEV KUMAR CHAUDHARY SON OF SACHCHIDA NAND CHAUDHARY, M/S. SANJU AGRO CHEM PVT. LTD. BIHAR, P.O. MIT MUZAFFARPUR. ----------- 5 22/04/2010 Learned counsel for the respondent Corporation informs the Court that though effort was made to sell the unit in question way back in the year 1995 but the original purchaser also backed out and the petitioner still continues to be in possession of the Unit. Learned counsel representing the petitioner submits that the petitioner has a desire to settle the dues and if he is given the benefit of the so called one time settlement scheme which was in operation, he may take steps in this regard. Learned counsel representing the Bihar State Financial Corporation informs the Court that the scheme and - 2 - the period is over but it is also a fact that the pendency of the writ application has come in the way of the petitioner as well as the Corporation. This writ application is disposed of with liberty to the petitioner that he shall make an application for one time settlement with the respondent Corporation and the Corporation shall consider the same in terms of the scheme even if the period for the same has expired. If the petitioner resolves the dispute by re-payment, the matter will rest otherwise the respondent Corporation will be free to proceed in the matter in accordance with law. AMIN (Ajay Kumar Tripathi, J.)