C. W. P. No. 18782 of 2008 1 IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH. Case No. : C. W. P. No. 18782 of 2008 Date of Decision : December 18, 2008 Thapson Steel Ltd., Jugiana, Ludhiana .... Petitioner Vs. State Bank of Patiala and others .... Respondents CORAM : HON'BLE MR. JUSTICE ADARSH KUMAR GOEL HON'BLE MR. JUSTICE L. N. MITTAL * * * Present : Mr. N. K. Verma, Advocate for the petitioner. Mr. Deepak Thapar, Advocate and Mr. P. S. Arora, Advocate for respondent no.1. Mr. Pankaj Gupta, Advocate for respondent no.2. Mr. K. S. Dhaliwal, Advocate and Ms. Jigyasa Tanwar, Advocate for respondent no.3. * * * ADARSH KUMAR GOEL, J. (Oral) : 1. On 03.11.2008, following order was passed :- “It is pointed out that sale is for Rs.1.35 crores while the value of the property is more than 7 crores. The petitioner has a ready C. W. P. No. 18782 of 2008 2 buyer for Rs.2 crores. Notice of motion for 18.12.2008. In the meanwhile, there will be stay of confirmation of auction, subject to the condition that the petitioner deposits a sum of Rs.50 lacs within three weeks from today to show its bona fide. The amount will be deposited with respondent no.1. Copy of the order be given dasti on payment of usual charges.” 2. Learned counsel for the petitioner is unable to make a statement that the amount mentioned in the above order has been deposited by the petitioner. Shri Deepak Thapar and Shri P. S. Arora, counsel appearing for respondent no.1, Bank, have made statement that the amount has not been deposited. 3. In view of above, this petition is dismissed. (ADARSH KUMAR GOEL) JUDGE December 18, 2008 ( L. N. MITTAL ) monika JUDGE