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2025 DAILYLAW 31163 (HP)

M/S PANKAJ SPINNERS PVT LTD AND ANR v. HP STATE INDUSTRIAL DEVELOPMENT CORPORASTION LTD AND ANR

CWP/5936/2021 · 2025-10-15

Ajay Mohan Goel

body2025

Judgment text

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2025:HHC:35450-DB IN THE HIGH COURT OF HIMACHAL PRADESH, SHIMLA CWP No.5936 of 2021 Decided on: 15th October, 2025 M/s Pankaj Spinners Pvt Ltd and another …..Petitioners Versus Himachal Pradesh State Industrial Development Corporation Ltd and another .....Respondents ___________________________________________________________ Coram Hon’ble Mr.Justice Ajay Mohan Goel, Judge Whether approved for reporting? For the Petitioners : Ms. Devyani Sharma, Sr.Advocate with Mr. Basant Pal Thakur, Advocate. For the Respondent : Mr.Pushpinder Jaswal, Additional Advocate General. __________________________________________________________ Ajay Mohan Goel, Judge (oral): By way of this writ petition, the petitioners have prayed for following relief:- “It is therefore most respectfully prayed that the writ petition may kindly be allowed throughout with costs and the respondent No.1 may be directed to accept the one time settlement offer made by it vide annexure P-9 and petitioners may be permitted to deposit the amount by sale of mortgaged property at Sr. No.2 in para 4 qua which sale certificate may be issued by the respondent No.1 as it is doing in other cases and the proceedings under Section 31 of the State Financial 1.Whether reporters of the local papers may be allowed to see the judgment? 2 2025:HHC:35450-DB corporation Act, 1951 pending before Additional District Judge Nalagarh, District Solan, Himachal Pradesh, case No.01-NL/01 of 2019 titled HPSIDC vs M/s Pankaj Spinners may kindly be quashed and set aside.” 2. It is not in dispute that the matter has been amicably settled between the parties as due amount stands paid by the petitioners to the respondents. 3. In this view of the matter, now let title deeds be released in favour of the petitioners expeditiously and not later than 15.11.2025. Pending miscellaneous application (s), if any, also stand disposed of. (Ajay Mohan Goel) Judge 15th October 2025 (meera)