Civil Writ Petition No.14298 of 2009 -1- IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH Civil Writ Petition No.14298 of 2009 Date of decision:09.10.2009. Pritpal Singh ...Petitioner Versus State Bank of Patiala ...Respondent CORAM: HON'BLE MR. JUSTICE JASBIR SINGH Present: None. ***** JASBIR SINGH, J. (ORAL). This writ petition has been filed to lay challenge to a notice dated 10.03.2008 (P-1), issued by the respondent – bank, under the provisions of Section 13(4) of the Securitization & Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002. Though this writ petition is not maintainable, however, with a view to save interest of the petitioner and also that of the bank, notice of motion was issued, on 18.09.2009, on an undertaking given by the petitioner that he shall make payment of the defaulted amount, in installments, as may be fixed by the respondent – bank. When notice of motion was issued on 18.09.2009, the petitioner was directed to deposit an amount of Rs.1 lac, with the bank on or before today. Despite second call, none has come present to assist the Court. There is no proof that amount has been deposited. It appears that assurance to pay the amount was given with a mala fide intention to get the proceedings stayed. Civil Writ Petition No.14298 of 2009 -2- In view of above, this writ petition is dismissed, with cost of Rs.10,000/-, to be deposited with the Secretary of the High Court Legal Services Committee, within one month from today, failing which, the Secretary of the Committee shall be competent to initiate proceedings for execution. October 09, 2009 (JASBIR SINGH) vinod* JUDGE