^l HLGH^OURT OF CHHATTISGARH : BILASPUR PETITjONER RESPQNDENTS :-A;- WRIT PETITION (0 N0. 5136 OF 2008 M/s Mahawar Estate Developers Limited (MEDL), through its Director, Santosh Agrawal, S/o Late Shri R,D. Agrawal, aged about 42 years, R/Q24, Doongagi Colony, Raipur(CG). Versus 1. The Central Bank of India, through its Chairman, Chandramukhi, Nariman Point, Mumbai400 021. 2. General Manager (Recovery), Central Bank of India, Chandramukhi, Nariman Point, Mumbai 400 021. 3. Deputy General Manager, Centrat Bank of India, Bombay Market, Raipur 4. The Manager, Main Branch, Centrat Bank of India, G.E. Road, Raipur (CG). 5. Himmat Steel Foundry Ljmited, through its Managing Direetor, College Ward, Karbala West, Raipur (CG), 6. Industrial Development Bankof India, thrpugh the Chief Genera! Manager, 11W Floor, IDBI Tower, WTC Complex, Cuffe Parade, Mumbai 400 005. (Writ petition under Article 226/227 of the Constitution of India) Single Bench: Hon'bleShri Satish K. Agnihotri, J. Present:- Shri Rajeev Shrivastava, counsel forthe petitioner. Shri B.D.Guru, counsel for the respondents No.1 to 4. Shri N.K. Vyas, counsel for the respondent No.5. Shri Gautam Bhadyri, counsel forthe respondent No.6. ORAL ORDER (Passed on this 15th day of December, 2008) With the consent of leamed counsel appearing for the parties, the petition is heard finaliy. >i'i!S!S;.S^S;ii;'SS3s-ii''"si~' •-^^a-- Gowri o^ ^ 2) By this petition, the petitioner seeldng a direction to the respondent No.1 to consider the petitioner's offer Tor settlement of iiabilitiesand alt dues with relinquishment of Director's guarantee of respondent No.5. 3) Learned counsel for the respondents No. 1 to 4/Central Bank of India (fofsftorfTfte Bank")submits thatthe offer of the petitioner for Rs.10.04 crores has already been rejected by order dated 11-7-2006 (Annexure-R/8), therefore, there is no question of considering the offer of the petitioner for settlement of liabilities again, 4) Learned counsel for the petitioner submits that tiie petitioner is ready and willing to pay whatever the offer is made by the Bank to settle the dispute asstated in para5.22 ofthe petition. 5) Learned counset for the respondents No.1 to 4 submits that in view of the sub^quent.development, this petition may be disposed of and the Bank shall consider the proposal of the petitioner in accordance with law and pass appropriate orders within a periodof four weeks from the date of receipt of a copy of this order. 6) In view of the foregoing, according to learned counsel for the parties nothing survives in this petition for adjudication. Aroordingly, the petitionstands disposed of. 7) Consequently, interim orderpassed earlier stands discharged and the pending applications, if any, also stand disposed of. Sd/- , ^ , SarishK.Agnihom ludge <<PtieSsa^^USSi^<E:UB)fa4^wit*K^SHST! h£n