IN THE HIGH COURT OF JUDICATURE AT PATNA MJC No.1951 of 2009 1. The Central Bank of India, through its Deputy General Manager, Central Bank of India, Bihar, Patna. 2. The Regional Manager-cum-Authorised Manager, Central Bank of India, Purnea Region, Purnea. 3. The Branch Manager, Central Bank of India, Forbishganj Branch, Forbishganj. ------ Petitioners. Versus 1. M/s Shri Ram Ashok Kumar, through its proprietor Bhagirath Agrawal son of Shri Ram Agrawal, resident of Forbishganj, P.S. Farbishganj, District – Araria. 2. M/s Rakesh Abhishek, through its proprietor Rakesh Dhanawat, son of Bhagirath Agarwal, resident of Farbishganj, P.S. – Farbishganj, District – Araria. 3. M/s Abhishek Agencies through its proprietor Abhishek Agarwal, so of Shri Bhagirath Agarwal, resident of Farbishganj, P.S. – Farbishganj, District – Araria. 4. Smt. Bassanti Devi Agrawal, wife of Sri Bhagirath Agrawal, resident of Farbishganj, P.S. – Farbishganj, District – Araria. (Writ petitioner in the writ petition). 5. The State of Bihar through the Secretary, Finance Department, Bihar, Patna. (Respondent no.1 in the writ petition). ---- Opposite Parties. ****** 02 22.12.2010 This modification application has been filed on behalf of the Bank for modifying the order dated 11.02.2009 passed by this Court in C.W.J.C. No.18126 of 2008. The facts leading to the order are noted in the order dated 11.02.2009 itself. The modification that the Bank wants is that subsequent to the order the writ petitioner informed the Bank that they have a buyer for Rs.27 lakhs for the said property, which is the reserved price fixed by the Bank. Learned counsel for the Bank points out that pursuant to tender notices issued they have received few offers which are still sealed because of order of this Court. They have not been opened, which would be offers of more than Rs.27 lakhs. In that case it would be in the interest of both the petitioner and the Bank to sell the - 2 - property at higher price available, if not, then the writ petitioner is already agreeable to get it sold at Rs.27 lakhs. Having heard the parties and considered the matter, in my view, the request of the Bank is reasonable. I, accordingly, direct that in partial modification to the order as passed in the writ petition Bank may be permitted to open the sealed offers it has received and, if there are any offers above Rs.27 lakhs, Bank would enter into further negotiations with the parties to enhance the amount informing the petitioner about it. If ultimately Bank is able to procure a seller for a higher amount, Bank would proceed with the sale after notice to the petitioner who could still find a buyer for a higher amount. This process need not proceed endlessly, it must come to an end within two months from today. With these observations and directions, this application is disposed of. Trivedi/ (Navaniti Prasad Singh, J.)