IN THE HIGH COURT OF JUDICATURE FOR RAJASTHAN AT JAIPUR BENCH, JAIPUR S.B. CIVIL WRIT PETITION NO.8075/2006 M/s. Chopra Chloride Pvt. Ltd. & Ors. Versus Rajasthan Financial Corporation & Anr. Date of order : 20/02/2008. HON'BLE MR.JUSTICE MOHAMMAD RAFIQ Shri Mahendra Singh, Counsel for the petitioner. Shri Anuroop Singhi, Counsel for the respondent. ****** BY THE COURT: This writ petition has been filed against the certain demand raised by the respondent Rajasthan Financial Corporation (for short hereinafter referred to as “the RFC”). During the pendency of the writ petition, however, the petitioner has deposited a sum of Rs.5,39,271/- on the basis of the communication received from the respondent for his matter being considered for one time settlement. In addition to that, the respondents, have already received a sum of Rs.10.50 lacs from the petitioner by sale of assets of the petitioner company. The learned counsel for the petitiooner submits that though, the petitioner has applied for one time settlment as per the scheme of the respondents, but the respondent while arriving at settlement should also consider the fact that the RFC had some time in 1998, porposed to take-over the unit of the petitioner company and the petitioner company also agreed for the unit being taken over by the RFC. But ultimately, the auction of unit was made as late as 2007 therefore, the respondent ought to waive the interest liablity for that period. This matter would obviously require consideration by the respondents while they decide to enter into the settlement with the petitioner. The writ petition is accordingly, disposed off with the direction to the respondents to consider and finalise the case of the petitioner for one time settlement within a period of four weeks from the date of production of certified copy of this order before them. The presnt writ petition as well as the application being S.B.Civil Misc.Application No. 3883/2008 stand disposed off. (MOHAMMAD RAFIQ), J. preety Item No. 4