CWP No.5951 of 2009 [1] IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH. C. W. P. No. 5951 of 2009 Date of Decision: 12 -10 - 2009 M/s Rasna Dyeing and Finishing Mills and others ....Petitioner v. State Bank of Bikaner and Jaipur and another ....Respondents CORAM: HON'BLE MR.JUSTICE KANWALJIT SINGH AHLUWALIA *** Present: Mr.Yogender Mohan, Advocate for the petitioner. Mr.H.C.Gupta, Advocate for respondent No.1. *** KANWALJIT SINGH AHLUWALIA, J. (ORAL) Mr.H.C.Gupta has placed on record a statement of account in respect of petitioner – M/s Rasna Dyeing and Finishing Mills, Mata Karam Kaur Colony, Tejpur Road, Ludhiana and has stated that in case petitioner deposits balance amount of Rs.2,78,786/- within one month in pursuance of one time settlement scheme, the property mortgaged by the petitioner-firm shall be redeemed and the account shall stand settled. Counsel for the petitioner state that the statement made by Mr.Gupta is acceptable and the payment shall be made within one month from the date of receipt of certified copy of this order, failing which the law may take its own course. CWP No.5951 of 2009 [2] Counsel for the parties state that the parties shall abide by the decision rendered by the Debt Recovery Tribunal in case deposit as agreed is not made. Counsel for the parties further state that inter se litigation pending between the parties shall stand withdrawn. In view of the statements made by counsel for the parties, the present petition is disposed of. ( KANWALJIT SINGH AHLUWALIA ) October 12, 2009. JUDGE RC