IN THE HIGH COURT OF JUDICATURE AT PATNA CWJC No.1780 of 2010 1. M/S RISHI TRADING COMPANY, KISAN COLLEGE ROAD, SOHSARAI, P.S SOHSARI, DISTT- NALANDA, THROUGH ITS PROPRIETOR ASHOK KUMAR S/O SRI RAM DAS SAHU, KISAN COLLEGE ROAD, SOHSARAI, P.S SOHSARAI, DISTT- NALANDA Versus 1. THE PUNJAB NATIONAL BANK THROUGH ITS CHAIRMAN, 7, BHIKHAJI CAMA PLACE, NEW DELHI- 110066 2. THE CHAIRMAN, PUNJAB NATIONAL BANK, 7, BHIKHAJI CAMA PLACE, NEW DELHI- 110066 3. THE REGIONAL MANAGER, PUNJAB NATIONAL BANK, RAMCHANDRAPUR, BIHARSHARIF, DISTT- NALANDA 4. THE SENIOR BRANCH MANAGER, PUNJAB NATIONAL BANK, SOHSARAI, BRANCH, DISTT- NALANDA ----------- For the Petitioner :- Mr. Sanjeet Kumar For the Respndent Bank :- Mr. Sharad Kumar Sinha. 2 04/02/2010 Heard learned counsel for the petitioner and learned counsel for the respondent Bank. An earnest submission is made on behalf of the petitioner that he has no intent from running away of the liability which is outstanding against him when loan was sanctioned in his favour which was Cash Credit account but he expresses certain practical difficulty in liquidating it within the present time frame. His submission is that he has - 2 - hypothecated many piece and parcel of land at the relevant time as security against the cash credit limit in favour of the Bank. He says that if the Bank responds, he is willing to sell some land to generate cash and hand over to the Bank if some of those documents pledged are released in his favour. Taking the law into consideration, this Court has difficulty in issuing any direction in favour of the petitioner. But it is for the petitioner to satisfy his bonafide and his commitment on this issue to the Bank in question, who are the best judge whether the money advanced to the petitioner can be redeemed and the accounts reconciled. The petitioner has made requests in this regard to the concerned Branch Manager of Sohsarai in the district of Nalanda but the Bank has not favourably responded to his request. If the petitioner succeeds in establishing his bonafide then the Bank may consider the kind of flexibility which can be granted to the petitioner in liquidating the loan. Both the petitioner and the Bank would be well advised to sit across the table to work out the modality for payment. No case for interference or direction is made out in the matter - 3 - otherwise than what has been recorded in the earlier part of the order. This writ application stands disposed of. AMIN (Ajay Kumar Tripathi, J.)