Civil Writ Petition No. 7007 of 2010(O&M) -1- IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH Civil Writ Petition No. 7007 of 2010(O&M) Date of decision : March 08, 2011 Suresh Chauhan .....Petitioner VERSUS Punjab National Bank & others ....Respondents CORAM:- HON'BLE MR.JUSTICE RANJIT SINGH Present: Mr. Gaurav Tangri, Advocate for the petitioner. Mr. V.K. Diwan, Advocate, for the respondents. **** RANJIT SINGH, J. C.M. No.3458 of 2011 Documents taken on record. Application disposed of. Civil Writ Petition No. 7007 of 2010 The petitioner has filed this writ petition seeking mandamus directing the respondents to take the physical possession of the residential house bearing No.19/1, Street No.1, Sant Vihar, Rajan Estate, Chuharpur Road, Haibowal Kalan, Ludhiana. The petitioner has approached this Court when notice under Section 13 (2) of the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act 2002 was issued. Civil Writ Petition No. 7007 of 2010(O&M) -2- In response to notice, reply is filed. On 28.9.2010, this Court had required the Branch Manager, Punjab National Bank, Jawaddi Kalan, Pakhowal Roadh, Ludhiana to file an affidavit giving details of all the accounts of Rs.2 lacs and above, which have been declared NPA and action taken against each one of them till date. It was further observed that if the respondent-Bank was to regularize the petitioner's account with revised monthly installment, then the afore-stated direction need not be complied with. Counsel for the Bank had taken time to file affidavit and ultimately, has now placed on record certain Annexures to urge that the Bank had updated the accounts of the petitioner and his account is no more NPA. If the petitioner continues to pay monthly installments, the Bank is not to take any action against the petitioner. The writ petition is, therefore, rendered infructuous and is disposed of as such. March 8, 2011 (RANJIT SINGH ) monika JUDGE