Civil Writ Petition No. 15891 of 2009 1 In the High Court of Punjab and Haryana, at Chandigarh. Civil Writ Petition No. 15891 of 2009 Date of Decision: 9.12.2009 M/s C-Tech Industries …Petitioner Versus Presiding Officer, Debt Recovery Tribunal-II, Chandigarh and Others …Respondents CORAM: HON’BLE MR. JUSTICE KANWALJIT SINGH AHLUWALIA. Present: Mr. N.P.S. Mann, Advocate for the petitioner. None for respondents No.1 and 2. Mr. H.C. Gupta, Advocate fore respondent No.3. Kanwaljit Singh Ahluwalia, J. (Oral) Counsel for the petitioner submits that he will pay Rs.8,00,000/- within one month from today to the bank. Mr. H.C. Gupta, Advocate, appearing for respondent No.3- Bank has stated that total amount outstanding against the petitioner till today is Rs.12,81,980/-. Counsel for the petitioner states that remaining amount along with interest will be paid by him within six months from today. In case petitioner fail to deposit Rs.8,00,000/- within one month from today, the bank may proceed against him, in accordance with the provisions of law including auction of the property mortgaged. Civil Writ Petition No. 15891 of 2009 2 In view of the statement made by counsel for the petitioner and the arrangement noticed above, present writ petition is disposed of. (Kanwaljit Singh Ahluwalia) Judge December 9, 2009 “DK”