IN THE HIGH COURT OF JUDICATURE AT PATNA CWJC No.18437 of 2008 MD.ZAMIL son of late Bittan Mina,proprietor of M/s Rubi Shoe Store, resident of Mohalla Barkat Nagar Mohania, P.S. Mohania,District- Kaimur. Versus 1. THE PUNJAB NATIONAL BANK through authorized officer at present namely P.K. Srivastava, Secured Creditor Division Office, Rigal Hotel Purvi Ramna Maidan,Ara- 802301. 2. The Punjab National Bank through Branch Manager of Akorhi Branch, Mohania, District- Kaimur. ----------- 3 18.2.2009 As per the earlier order, the respondent- Bank has filed statement of accounts as Annexure A to their counter affidavit. As per the statement of accounts taking Rs. 50,000/- paid on 4.2.2009,pursuant to order of this Court,the balance outstanding is Rs. 1,42,257-00. Learned counsel for the Bank states that in the account, no interest has been charged after 31.8.2007. Be that as it may, as the account has been furnished by the Bank itself and in support of their assertion Court has to accept the same. Even on a fair estimate considering non charging of interest, even if Rs. 25,000/- is added, the total outstanding comes to Rs. 1,67,257/-. As indicated earlier , the petitioner has to liquidate the same within six months i.e. by the end of August, 2009. It is for the petitioner to choose the instalment in which he would make payment of the said amount. It is also made clear that henceforth Bank would charge interest at the rate of 13% per annum simple interest on the balance outstanding till the liability, as aforesaid, is liquidated. It is also made clear that if by the end of August, 2009, petitioner does not clear the entire amount due including interest accrued, as above, respondent- - 2 - Bank would be free to initiate proceeding in accordance with law, as this Court had passed no order in this proceeding. With the aforesaid observation and direction this writ petition stands disposed of. singh (Navaniti Pd.Singh)