Civil Writ Petition No. 12480 of 2008 1 In the High Court of Punjab and Haryana, at Chandigarh. Civil Writ Petition No. 12480 of 2008 Date of Decision: 17.11.2009 Vikram Cement Company Private Limited …Petitioner Versus Punjab Financial Corporation …Respondent CORAM: HON’BLE MR. JUSTICE KANWALJIT SINGH AHLUWALIA. Present: Mr. K.S. Minhas, Advocate for Mr. Anupam Gupta, Advocate, for the petitioner. Mr. Pradeep Bhandari, Advocate for the respondent. Kanwaljit Singh Ahluwalia, J. (Oral) On 27.10.2009, this Court has passed the following order:- “On 20.10.2009, this Court had passed the following order:- “Mr. Pardeep Bhandari states that the respondent Corporation is ready and willing to arrive at one time settlement of loan amount, provided Rs.14,93,835/- are paid with future interest from 15th August, 2009. It is stated that Mr. Anupam Gupta is in personal difficulty. On request, adjourned to 27th Civil Writ Petition No. 12480 of 2008 2 October, 2009”. petitioner is present in person. He has stated that he has paid Rs.7 lacs as per terms and conditions, he will clear the remaining amount on or before 8.11.2009 and prays that case be adjourned beyond 8.11.2009. Request is accepted. Adjourned to 10.11.2009”. Mr. Pradeep Bhandari, Advocate, has placed on record a communication dated 16.11.2009 issued by the Deputy Manager, Punjab Financial Corporation, wherein it has been stated that borrower had deposited the entire amount as per the settlement, therefore, the respondent-Corporation do not intend to proceed against the petitioner. Mr. Bhandari has further stated that he has received telephonic instructions from A.K. Dhawan, General Manager, that no amount is outstanding against the petitioner. In view of the statement made by Mr. Bhandari, present writ petition is rendered infructuous and the same is dismissed as such. All the documents, which are in possession of the respondent-Corporation including the sale deed, be returned to the petitioner. Respondent- Corporation may withdraw two complaints filed under Section 138 of the Negotiable Instruments Act. (Kanwaljit Singh Ahluwalia) Judge November 17, 2009 “DK”