CWP No.5866 of 2010.doc - 1 – HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH **** CWP No.5866 of 2010 Date of Decision: 08.09.2010 **** Saroj Verma . . . Petitioner VS. Presiding Officer, DRT-I & Ors. . . . Respondents **** CORAM : HON’BLE MR.JUSTICE SURYA KANT **** 1. Whether Reporters of local papers may be allowed to see the judgment? 2. To be referred to the Reporters or not? 3. Whether the judgment should be reported in the Digest? **** Present: Mr. Saurabh Bajaj, Advocate for the petitioner Mr. Rohit Sapra, Advocate for respondent No.2 & 3 ***** SURYA KANT J. (ORAL) (1). The petitioner seeks quashing of the order dated 19.03.2010 (Annexure P4) passed by the Debt Recovery Tribunal-I Chandigarh (in short, ‘the Tribunal’) declining the extension of time to deposit a sum of `1,00,000/- as the period of one week earlier granted stood expired on 13.03.2009. The petitioner failed to deposit the said amount and moved an application on 19.03.2010 for extension of period which has since been dismissed by the Tribunal vide the impugned order (Annexure P4). (2). While approaching this Court, the petitioner produced a demand draft of `1,00,000/- in favour of the respondent-Bank whereupon notice of motion CWP No.5866 of 2010.doc - 2 – was issued and subsequently on deposit of the said Draft with the respondent-Bank, the parties were directed to maintain status quo. (3). The petitioner’s Securitisation Application (SA) is still pending consideration before the Tribunal. Having regard to the attending circumstances especially the fact that the petitioner has unfortunately lost her husband also and is having no regular source of income, the writ petition is allowed in part to the extent that subject to the petitioner’s depositing another sum of `1,00,000/- within two months from the date of receipt of a certified copy of this order, the parties shall maintain status quo till the SA moved by her is decided by the Tribunal on merits. (4). Ordered accordingly. (5). Dasti . (SURYA KANT) JUDGE 08.09.2010 vishal shonkar