WP(C) 4992/2010 BEFORE THE HON’BLE MR. JUSTICE A.POTSANGBAM Heard Dr. Y.K. Phukan, learned senior counsel appearing for the petitioner and M r. P.C. Goswami, learned Standing Counsel appearing for the Bank. During the pendency of this writ petition, time was granted to the learn ed senior counsel appearing for the petitioner to submit a proposal for payment of the outstanding loan to the respondent-bank. The petitioner has filed an affi davit dated 7.10.2010 wherein it is categorically stated in para 2 of the affida vit that the outstanding loan amount, after deducting the amount already paid, a gainst the loan Account No.10732 at Rajgarh Road Branch of the UCo. Bank, shall be paid within 31st January, 2011. This is a very positive step taken by the pet itioner towards the liquidation of the outstanding loan amount. Copy of the affi davit is already given to the learned counsel appearing for the respondents, who has not objected to dispose of this petition as proposed by the petitioner. Accordingly, this petition is disposed of by directing the petitioner to honour the commitment given in para 2 of his affidavit and in case of failure t o honour the commitment as discussed above, the respondents shall be at liberty to proceed according to the law. With the above observations and directions, this writ petition stands di sposed of.