C.R. No. 246 of 2008 1 In the High Court for the States of Punjab and Haryana at Chandigarh … C.R. No. 246 of 2008 Date of decision: April 21,2009 Banta Ram son of Nand Ram ..Petitioner Versus Shanker alias Shanker Lal son of Kheta Ram ..Respondent Coram: Hon'ble Mr.Justice Rakesh Kumar Garg Present: Mr. S.K.Jain, Advocate for the petitioners. Mr. Rajneesh Gupta, Advocate for respondent ... Rakesh Kumar Garg,J.(Oral) Learned counsel for the petitioner on instructions from his client Banta Ram, who is present in court states that the petitioner is ready to repay the decretal amount in four half yearly instalments and the first instalment will be paid on or before 1.5.2009. Learned counsel further states that the petitioner is also willing to pay interest on these instalments at the rate of 6 % per annum. The aforesaid offer given by the counsel for the petitioner is acceptable to the counsel for the respondent. According to the calculations made by the counsel for the petitioner, the up-to date amount due against the petitioner is Rs. 1,14,750/- and the said figure is acceptable to the counsel for the respondent. In view of the above, it is ordered that the aforementioned amount of Rs.1,14,750/- shall be paid by the petitioner in four equal instalments as under:- Ist instalment on or before 1.5.2009, IInd instalment on or before 1.11.2009, IIIrd instalment on or before 1.5.2010, and IV th instalment on or before1.11.2010. C.R. No. 246 of 2008 2 It is further directed that the petitioner shall also pay interest at the rate of 6 % per annum on the second, third and fourth installment at the simple rate of interest of 6 % P.A. In view of the aforesaid directions, this petition is disposed of. In case of any default in payment as indicated above, the respondent shall be entitled to execute the decree in accordance with law. April 21, 2009 (RAKESH KUMAR GARG) nk JUDGE