Civil Revision No. 5657 of 2008 -1- **** IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH Civil Revision No. 5657 of 2008 Date of decision: 20.01.2009. Tarlochan Singh ...Petiitioner Versus Jagroop Singh ...Respondent CORAM: HON'BLE MR. JUSTICE S.D.ANAND. Present: Mr. H.P.S.Ghuman, Advocate, for the petitioner. Mr. Lalit Pathak, Advocate for the respondent. ***** S.D.ANAND, J. Learned counsel appearing on behalf of the petitioner- judgment debtor, does not dispute liability to pay a sum of Rs.75,000/- to the defendant-respondent in respect of a surety liability undertaken by the former to the latter As a guarantor, the petitioner had undertaken that in case the suit filed by the plaintiff-respondent was decreed and the defendant therein was held liable to pay the amount under reference and he further defaulted in the payment thereof, he (petitioner) would be liable to pay that amount under the bond to the respondent-decree holder. The respondent-decree holder has filed an endeavour to enforce that bond. Learned Trial Judge held that the respondent-decree holder in the case was entitled to recover indicate amount + interest and the costs of the execution of the judgment debtor. The objections filed by the judgment debtor resisting the execution of decree were thereby rejected. Civil Revision No. 5657 of 2008 -2- **** Learned counsel for the petitioner states that the interest of justice would be served and the petitioner would be content if he is granted liberty to pay the amount under reference in two instalments. He further states that the petitioner would also pay interest at the rate of 6% per annum on the due amount. Learned counsel for the respondent has no objection to the adoption of that course. The petition shall stand disposed of, accordingly, with a direction that the petitioner shall pay the ascertained due amount, with interest at the rate of 6% per annum thereof, in two instalments payable by or on 30.4.2009 and 30.9.2009 respectively. The stay order dated 20.10.2008 shall stand vacated. The vacation of stay order shall be communicated to the Court concerned forthwith. January 20, 2009 (S.D.Anand) Pka Judge