IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH CWP No.6615 of 2006 Date of Decision: 21.11.2006 M/s Jyoti Vanaspati and Allied Industries Limited Petitioner versus The Haryana Financial Corporation and another Respondents CORAM:- HON'BLE MR. JUSTICE JASBIR SINGH HON'BLE MR. JUSTICE PRITAM PAL Present: Shri Rahul Sharma, Advocate for the petitioner Shri Puneet Gupta, Advocate for the respondents Shri Alok Jagga, Advocate Jasbir Singh, J. (Oral) Counsel for the respondents states that during pendency of this writ petition, defaulted account of the petitioner’s sister concern has been settled. He has placed on record a photocopy of the order passed by the Corporation on 10.11.2006. In view of settlement arrived at between the parties, we feel that there is no necessity to sell the mortgaged property as on today. It is made clear that if the petitioner/ its sister concern, commits any default in future, action shall be taken against it as per the settlement entered into between the parties and provisions of law. Disposed of. ( Jasbir Singh ) Judge November 21, 2006 ( Pritam Pal ) gk Judge