IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH. CWP No.19061 of 2008 Date of decision: 06.11.2008 Kewal Kumar -----Petitioner Vs. Authorised Officer, Bank of India, Laxmi Niwas Ambala Cantt. (Haryana) -----Respondent CORAM:- HON'BLE MR JUSTICE ADARSH KUMAR GOEL HON'BLE MR JUSTICE L.N.MITTAL Present: Mr. IPS Kohli, advocate for the petitioner. Adarsh Kumar Goel, J This petition seeks quashing of auction notice dated 2.10.2008, proposing auction of the property, which was mortgaged to the Bank of India. The Bank also gave notice to the petitioner under section 13(2) of Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002, against which the petitioner has preferred an appeal before the Debt Recovery Tribunal, Chandigarh. The CWP No.19061 of 2008 petitioner was allowed to deposit Rs.40,000/- but he did not make the said deposit by the stipulated date i.e. 30.5.2008. Learned counsel for the petitioner says that the petitioner is now willing to make the said deposit. Admittedly, appeal of the petitioner is pending before the Debt Recovery Tribunal, which has also power to grant interim relief. In view of above alternative remedy, we do not find any justification to entertain this petition at this stage. Dismissed. (Adarsh Kumar Goel) Judge November 6, 2008 (L.N.Mittal) ‘gs’ Judge 2