IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH. C.W.P. No. 386 of 2008 DATE OF DECISION : 11.01.2008 Satpal .... PETITIONER Versus State Bank of India, Local Head Officer, Sector 17, Chandigarh and others ..... RESPONDENTS CORAM :- HON'BLE MR. JUSTICE SATISH KUMAR MITTAL HON'BLE MR. JUSTICE RAKESH KUMAR GARG Present: Mr. Deepak Manchanda, Advocate, for the petitioner. * * * SATISH KUMAR MITTAL, J. The petitioner, who had taken a loan of Rs. 4,80,000/- from the respondent bank in the year 2001 and whose account was declared as NPA on account of his not repaying of the loan amount due to heavy losses, has filed this petition for directing the respondent bank to consider the representations Annexures P-1 and P-2 made by the petitioner for One Time Settlement in terms of the Policy of the Bank. After hearing learned counsel for the petitioner, at this stage without calling the other side, this petition is disposed of with a direction to respondent No.3 to consider and decide the representations Annexures P-1 and P-2 in accordance with law and also in view of the guidelines issued by CWP No. 386 of 2008 -2- the Reserve Bank of India, by passing a speaking order, within a period of two months. ( SATISH KUMAR MITTAL ) JUDGE January 11, 2008 ( RAKESH KUMAR GARG ) ndj JUDGE