C.W.P. No.13822 of 2011 -1- IN THE HIGH COURT FOR THE STATES OF PUNJAB AND HARYANA AT CHANDIGARH C.W.P. No.13822 of 2011 Date of Decision.02.08.2011 Sh. Chander Pal, H.No.272, Milk Plant Road, Arya Nagar, Ballabgarh, District Faridabad .....Petitioner Versus Punjab and Sind Bank, B-258-263, Nehru Ground, NIT, Faridabad through its Branch Manager/authorized officer .....Respondent Present: Mr. Maninder Arora, Advocate for the petitioner. CORAM:HON'BLE MR. JUSTICE K. KANNAN 1. Whether Reporters of local papers may be allowed to see the judgment ? 2. To be referred to the Reporters or not ? 3. Whether the judgment should be reported in the Digest? -.- K. KANNAN J.(ORAL) 1. The petitioner seeks for a direction to the respondent-Bank to settle the loan account in terms of OTS scheme floated by Reserve Bank of India, which is directed to be done by all the banks, including the respondent-Bank. After an action of recovery was made by the Bank under SARFAESI Act, the petitioner had preferred an appeal to DRT, which is still pending. The petitioner's claim is that in spite of some proposals given by the petitioner, the Bank is not responding to the same. This cannot be a grievance before this Court, for, when there is already an appeal relating to the action taken under SARFAESI Act, the petitioner will have his remedy only before the DRT where proceedings are pending. The petitioner is at liberty to approach the DRT for appropriate directions against the Bank for consideration of his plea for settlement. There is no need to duplicate proceedings before DRT as C.W.P. No.13822 of 2011 -2- well as before this Court on issue relating to determination of amount which is payable by the petitioner to the respondent Bank. 2. With this observation, the writ petition is disposed of at the stage of admission, dispensing with notice to the respondents. (K. KANNAN) JUDGE August 02, 2011 Pankaj*