IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH. C.W.P. No.16676 of 2007 Date of decision: 11.11.2008 Satpal & others. -----Petitioners Vs. Punjab Financial Corporation and others. -----Respondents CORAM:- HON'BLE MR JUSTICE ADARSH KUMAR GOEL HON'BLE MR JUSTICE L.N. MITTAL Present:- Ms. Esha Gupta, Advocate for the petitioners. Mr. G.S. Gill, Advocate for respondents No.1 and 2. ----- ORDER: This petition, inter-alia, seeks quashing of recovery certificate dated 19.1.2007 (Annexure P-12). It is pointed out that in the order dated 21.12.2006 (Annexure P-11), following finding has been recorded:- “As far as the liabilities of Sh. Raghu Nath, respondent is concerned, he is liable to pay the loan of the Corporation in his individual capacity as the partner of the firm and his liability as legal heir would be confined to the extent of the property, if any, he inherited from his father Sh. Mangat Ram. Sh. Rattan Chand & Smt. Amar Wati respondent No.2 and 3 are liable to pay the loan of the Corporation being the C.W.P. No.16676 of 2007 partners of the firm and as far as the liability of the respondent no.4-7 is concerned, their liability would be confined to the extent of the properties they inherited after the death of Sh. Mangat Ram, partner who has since expired.” In the reply, stand is the same. However, in the recovery certificate, this clause has not been incorporated that liability of the petitioners as heirs of Mangat Ram, who was partner of the firm in question, would be limited to the property inherited by them. Learned counsel for the respondents No.1 and 2 has, however, no objection if this fact is clarified. We, accordingly, clarify that liability of the petitioners will be limited to the property, if any inherited by them. The petition is disposed of accordingly. ( ADARSH KUMAR GOEL ) JUDGE November 11, 2008 ( L. N. MITTAL ) ashwani JUDGE 2