CWP No.16259 of 2009 [1] IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH. C. W. P. No. 16259 of 2009 Date of Decision: 9 - 11 - 2009 Tarsem Lal ....Petitioner v. State Bank of Bikaner & Jaipur, ....Respondent Madhopuri Chowk, Ludhiana CORAM: HON'BLE MR.JUSTICE KANWALJIT SINGH AHLUWALIA *** Present: Mr.G.S.Jaswal, Advocate for the petitioner. Mr.H.C.Gupta, Advocate for the respondent. *** KANWALJIT SINGH AHLUWALIA, J. (ORAL) Counsel for the parties are in agreement that as on 31.10.2009 Rs.13,94,728/- along with interest are outstanding which is to be paid by the petitioner. It is agreed that within four months from today, petitioner will arrange a buyer for purchase of the property. The property will be sold with the consent of Bank and amount of sale consideration will also be approved by the Bank. The earnest money received by the petitioner or any installment in pursuance of agreement of sale shall be first deposited with the Bank for discharge of the loan amount. The total sale consideration will be deposited by the petitioner with the Bank and the Bank after deducting CWP No.16259 of 2009 [2] the amount outstanding shall refund the balance amount to the petitioner. If the petitioner fail to adhere to the agreed arrangement noticed above, the Bank will proceed against the petitioner in accordance with law. In view of the broad consensus arrived between the parties and the agreement recorded above, the writ petition is disposed of. Copy of the order be given dasti on payment of usual charges. ( KANWALJIT SINGH AHLUWALIA ) November 9, 2009. JUDGE RC