C.W.P NO. 1388 OF 2009 -1- IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH C.W.P NO. 1388 OF 2009 DECIDED ON : 20.04.2009 Kundan Lal ...Petitioner versus PNB and another ...Respondents CORAM : HON'BLE MR. JUSTICE SURYA KANT Present : None for the petitioner. Mr. H. R. Bansal, Advocate, for respondent No.1. SURYA KANT, J. (ORAL) The petitioner seeks a direction to the respondent- Bank to accept the arrears of loan in installments. The petitioner took up the stand that out of the total defaulted installments of Rs.60,000/-, he would deposit Rs.30,000/- before 13.02.2009 whereas the balance Rs.30,000/- would be deposited before 07.03.2009. Notice of motion was issued and subject to the afore- mentioned deposits, action under Section 13 (4) of the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 was also stayed. C.W.P NO. 1388 OF 2009 -2- Learned counsel for the respondent-Bank informs that the petitioner has failed to comply with the undertaking given before this Court as no installment has been deposited by him. That being so, no case to issue the desired directions is made out. Dismissed. APRIL 20, 2009 (SURYA KANT) shalini JUDGE