IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH CWP No. 3268 of 2011 Date of decision: 23.9.2011 M/s Aulakh Steels and another …..Petitioners vs. Debts Recovery Tribunal-II and ors …..Respondents CORAM: - HON’BLE MR. JUSTICE HEMANT GUPTA HON’BLE MR. JUSTICE JASWANT SINGH Present: - Mr. Pankaj Gupta, Advocate for the petitioners. Mr.C.S.Pasricha, Advocate for respondents. HEMANT GUPTA, J Learned counsel for the petitioners wishes to withdraw the present petition with liberty to avail the remedy of appeal against the order passed by Debt Recovery Tribunal on 27.1.2011 (Annexure P-18) under the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002. In view of the said fact, we permit the petitioners to withdraw the present petition to avail the remedy of appeal subject to following conditions: - (i) that the Debt Recovery Appellate Tribunal shall consider the appeal on merits if the same is filed within two weeks from today. (ii) that the petitioner shall not be dispossessed from the residential portion of the premises, the possession of CWP No. 3268 of 2011 which was delivered back to the petitioner in terms of order passed by this Court on 7.4.2008. (iii) that in respect of other mortgaged property, the petitioner shall be entitled to seek interim relief from the Appellate Tribunal. Dismissed as withdrawn in the above terms. (HEMANT GUPTA) JUDGE (JASWANT SINGH) JUDGE 23.9.2011 preeti 2