// 1 // IN THE HIGH COURT OF JUDICATURE FOR RAJASTHAN BENCH AT JAIPUR ORDER IN S.B. Civil Writ Petition No.1512/2002 Shri Arihant Suitings Private Limited Versus Rajasthan Financial Corporation, Jaipur and Another Date of Order ::: 26.05.2008 Present Hon'ble Mr. Justice Narendra Kumar Jain Shri Suresh Pareek with Shri Shankar Lal Sharma, Counsel for petitioner Shri Pratap Singh Arya, Counsel for respondents #### By the Court:- Heard learned counsel for the parties. During the course of arguments at length, the learned counsel for both the parties agreed that in case the petitioner deposits the amounts – Rs.4,000/- (Rupees four thousand only) against registration-fee and Rs.3,70,000/- (Rupees three lac and seventy thousand only) against the UFP (upfront amount) payment, as contained in the letter dated 20th December, 2007 (Annexure-13), within a period of one month from today then the respondents will consider the case of the petitioner within a period of three months for one time settlement of its due and/or waiver of the entire amount of interest in the light of the cases, decided by the respondents, of the Units – (1) M/s. Pinkcity Sanitaryware Private Limited, Industrial Area, Phulera, District Jaipur, (2) M/s. Acharya Screen Printing & Roll Printing, Bhilwara, (3) M/s Shanker Weaving Mill Limited, Bhilwara, (4) M/s. Suraj Granites, Behror, // 2 // Alwar and (5) M/s. Dinesh Granites, Raipur, District Bhilwara, as mentioned in the application dated 08.01.2008, filed by the petitioner. The respondents will sympathetically consider the case of the petitioner taking into consideration his case at par with the cases of above referred five Units. The aforesaid amount of Rs.3,70,000/- will be adjusted against the principal amount. The respondents are directed to decide the case of the petitioner within a period of three months from the date of deposit of registration-fee and UFP Amount. With the aforesaid agreement arrived at in between both the parties in the court, observations and directions, the writ petition as well as the application dated 8th January, 2008, stand disposed of. It is made clear that in case the petitioner fails to pay the aforesaid amounts of registration-fee and UFP (upfront) payment within a period of one month, as agreed, it will be open for the respondents to proceed further with the recovery of the amount due against the petitioner, according to law. It is also made clear that if the case of the petitioner is not decided within a period of three months by the respondents after deposit of the aforesaid amounts, then it will be open for the petitioner to initiate contempt proceedings against the respondents in the matter. There will be no order as to costs, so far as this writ petition is concerned. (Narendra Kumar Jain) J. //Jaiman// // 3 // IN THE HIGH COURT OF JUDICATURE FOR RAJASTHAN BENCH AT JAIPUR ORDER IN S.B. Civil Misc. Stay Application No.1263/2002 In S.B. Civil Writ Petition No.1512/2002 Shri Arihant Suitings Private Limited Versus Rajasthan Financial Corporation, Jaipur and Another Date of Order ::: 26.05.2008 Present Hon'ble Mr. Justice Narendra Kumar Jain Shri Suresh Pareek with Shri Shankar Lal Sharma, Counsel for petitioner Shri Pratap Singh Arya, Counsel for respondents #### By the Court:- In view of the order passed in the writ petition itself, the stay application, filed therewith, also stands disposed of. (Narendra Kumar Jain) J. //Jaiman//