IN THE HIGH COURT OF PUNJAB & HARYANA AT CHANDIGARH. Civil Writ Petition No.217 of 2011 Date of Decision:-14.09.2011 M/s Aksara Apparels. ......Petitioner. Versus State Bank of India & Anr. ......Respondents. CORAM:- HON'BLE MR. JUSTICE HEMANT GUPTA. HON'BLE MR. JUSTICE JASWANT SINGH. Present:- Mr. J.S. Lalli, Advocate for the Petitioner. Mr. Vikas Chatrath, Advocate for the Respondent nos.1 & 2. *** HEMANT GUPTA, J.(ORAL) Learned Counsel for the respondent nos.1 & 2 states that in terms of the settlement arrived at by the petitioner with the bank a sum of Rs.3,00,000/-(rupees three lac) has been deposited and further states that balance amount is to be deposited on or before 31.10.2011. The aforesaid fact is not disputed by the learned Counsel for the petitioner. In view of the said fact, present writ petition is disposed of as infructuous with liberty to the bank to initiate proceedings according to law, if the petitioner fails to deposit the settlement amount on or before 31.10.2011. ( HEMANT GUPTA ) JUDGE ( JASWANT SINGH ) JUDGE September 14, 2011 Vinay