CWP No.19628 of 2009 --1-- IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH CWP No. 19628 of 2009 Date of decision : 9.3.2010 Raman Chaudhary ...Petitioner Versus Corporation Bank ...Respondent CORAM : HON'BLE MR.JUSTICE AJAY KUMAR MITTAL **** Present: Mr. B S Sewak, Advocate, for the petitioner. Mr. G S Ahluwalia, Advocate, for the respondent. **** AJAY KUMAR MITTAL, J. (ORAL) The petitioner has approached this Court under Articles 226/227 of the Constitution of India for the issuance of a writ in the nature of certiorari for quashing notice dated 8.12.2009 whereby, the respondent-Bank has initiated steps to take possession of the property, i.e. residential house measuring Khewat/Khatoni No.1509, Khasra No.44//7/1 (07K-07M) and 5/147 part thereof measuring 0 Kanal 05 Marlas situated at Kharar, Hadbast No.184, Near Mata Gujri Gurudwara, Kharar, which was under equitable mortgage with the Bank. Learned counsel for the petitioner has submitted that a sum of Rs.1,90,000/- has been deposited with the respondent- Bank and has also produced a photocopy of the receipts CWP No.19628 of 2009 --2-- confirming the aforesaid deposit. Learned counsel states that in view of the deposit of Rs.1,90,000/- by the petitioner, the account with the respondent- Bank stands regularised as on date. He further states that in future, the amount of instalments becoming due shall be paid in time. Learned counsel for the respondent-Bank does not dispute the fact that after deposit of Rs.1,90,000/- by the petitioner, the account stands regularised. In view of the above and the statement made by the learned counsel for the petitioner that the future instalments shall be paid regularly, the impugned notice dated 8.12.2009 becomes inoperative. It shall, however, be open to the respondent-Bank to reinitiate the proceedings in case the petitioner fails to deposit the instalments in accordance with the agreement. Disposed of, accordingly. March 09, 2010 (AJAY KUMAR MITTAL) atulsethi JUDGE