C.W.P. No.5132 of 2008 -1- IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH C.W.P. No.5132 of 2008 Date of decision:05.08.2009. Khadi & Village Industries Commission ..Petitioner Versus The Debt & Recovery Tribunal-II and others ...Respondents CORAM: HON'BLE MR. JUSTICE JASBIR SINGH Present: None for the petitioner. Mr. P.K.Kataria, Advocate, for respondent No.1. Mr. R.S.Bhatia, Advocate, for respondent Nos.2 and 3. Mr. Manohar Lal, Advocate, for respondent No.4. Mr. K.K.Gupta, Advocate, for U.T., Chandigarh. Mr. Vishal Gupta, Advocate, for Shri Bhupinder Singh – purchaser. ***** JASBIR SINGH, J. (ORAL). It is clarified that in the order dated 21.07.2009, due to some inadvertent mistake, it was wrongly mentioned that “the amount be released in favour of the petitioner”, instead, it be read that “the amount of Rs.1,00,00,000/-, lying with the Registry of this Court, be released, on an application moved, in favour of respondent No.2, forthwith.” In continuation of order dated 21.07.2009, the purchaser C.W.P. No.5132 of 2008 -2- Shri Bhupinder Singh is directed to deposit an amount of Rs.33,88,210/- with the Estate Officer, U.T., Chandigarh and rest of the due amount of Rs.2,50,00,000/- shall be deposited with the respondent – bank, on or before 28.08.2009, failing which, the authorities be at liberty to take action and impose penalty etc. upon the purchaser, as per terms and conditions mentioned in the advertisement. Mr. Bhatia very fairly states that on receipt of amount, the bank shall pay an amount of Rs.38,00,000/- to the petitioner, within a period of 3 weeks thereafter. So far as the amount claimed by Estate Officer, U.T., Chandigarh, towards transfer fee and stamp duty, is concerned, the purchaser shall pay the same at the time when transfer will be effected. The Estate Officer, U.T., Chandigarh, on receipt of amount as mentioned above, will issue a No Objection Certificate to the purchaser Shri Bhupinder Singh, forthwith. In view of above mentioned order, this writ petition is disposed of. August 05, 2009. ( JASBIR SINGH ) vinod JUDGE