In the High Court of Punjab and Haryana at Chandigarh C.W.P. No. 1154 of 2005 Date of Decision: 20.04.2007 Jhabbar Singh and others … Petitioners Versus Haryana Financial Corporation and another …Respondents CORAM: HON’BLE MR. JUSTICE M.M. KUMAR HON’BLE MR. JUSTICE RAJESH BINDAL Present: Mr. R.K. Jain, Advocate, for the petitioners. Mr. Puneet Gupta, Advocate, for the respondents. JUDGMENT M.M. KUMAR, J. (Oral) The issue raised in this petition filed under Article 226 of the Constitution is as to whether the property of collateral security could be subject matter of proceedings initiated under Section 29 of the State Financial Corporations Act, 1951. The aforementioned issue has been decided by a Full Bench of this Court in the case of Paramjit Singh Ahuja v. Punjab State Financial Industrial Development Corporation Limited and others (C.W.P. No. 5397 of 2003, decided on 18.10.2006). The question has been decided against the petitioners. In view of the aforementioned conceded position, the instant writ petition is dismissed. (M.M. KUMAR) JUDGE (RAJESH BINDAL) April 20, 2007 JUDGE Pkapoor C.W.P. No. 1154 of 2005 2