IN THE HIGH COURT OF JUDICATURE FOR RAJASTHAN AT JAIPUR BENCH, JAIPUR ORDER S.B.CIVIL WRIT PETITION NO.4070/2008. M/s.Akashdeep Printers and Traders and Others. VERSUS Oriental Bank of Commerce and Another. 04.07.2008. HON'BLE MR.JUSTICE DALIP SINGH Ms.Anita Agarwal, for the petitioners. Mr.M.A.Khan, for the respondents. ***** Though the petition is not maintainable as the petitioner has an alternative remedy, the petitioner seeks leave of this court to withdraw the writ petition to approach the respondent-Bank who is the decree holder with an application for settlement of the matter. Having heard learned counsel for the parties, the writ petition is dismissed as withdrawn. However, the liberty is granted to the petitioner to approach the respondents-Bank within a period of four weeks with an application and concrete proposal for settlement regarding repayment of the dues and satisfaction of the decree passed by the Debt Recovery Tribunal. The application so submitted shall be considered and decided by the respondents -2- within a period of two weeks thereafter. Till the application is decided by the respondents, the respondents undertake not to execute the decree. It is made clear that the condition precedent for entertaining the application for settlement would be a deposit of 20% of the decreetal amount by the petitioner. In case the petitioner does not make the deposit of 20% of the decreetal amount along with the application for settlement, the respondent-Bank would be free to proceed against the petitioner. (DALIP SINGH),J. Solanki DS, Jr.P.A.