IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH 115 ANKUSH VERMA AND ANOTHER ICICI HOME FINANCE COMPANY LIMITED CORAM: HON’BLE MR. JUSTICE ANUPINDER SINGH GREWAL HON’BLE MR. JUSTICE DEEPAK MANCHANDA Present: Mr. Mr. Mr. Karan Sharma, A ANUPINDER SINGH GREWAL, J. (ORAL) Learned counsel for the petitioners submits that the petitioners are willing to settle the matter and would pay five lakhs approximately by henceforth pay instalments 2. Issue 3. Mr. Nitin Thatai, Advocate puts in appearance on behalf of the respondents and upon submits that in the event of the to Rs.2 lakhs appr N THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH CWP-9200-2025 DATE OF DECISION: 03.04.2025 ANKUSH VERMA AND ANOTHER Versus ICICI HOME FINANCE COMPANY LIMITED HON’BLE MR. JUSTICE ANUPINDER SINGH GREWAL HON’BLE MR. JUSTICE DEEPAK MANCHANDA Mr. Daman Dhir, Advocate for the petitioner Nitin Thatai, Advocate and Mr. Karan Sharma, Advocate for respondent ANUPINDER SINGH GREWAL, J. (ORAL) earned counsel for the petitioners submits that the petitioners are ettle the matter and would pay five advance EMIs amounting to Rs.2 lakhs approximately by 10.04.2025. He also submits that the henceforth pay instalments as and when they fall due Issue notice to the respondents. Mr. Nitin Thatai, Advocate puts in appearance on behalf of the and upon instructions from Mr. Dikshit hat in the event of the petitioners paying the advance EMIs khs approximately by 10.04.2025, their N THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH 2025 DATE OF DECISION: 03.04.2025 … Petitioner (s) ICICI HOME FINANCE COMPANY LIMITED ... Respondent(s) HON’BLE MR. JUSTICE ANUPINDER SINGH GREWAL HON’BLE MR. JUSTICE DEEPAK MANCHANDA , Advocate for the petitioners. respondent. earned counsel for the petitioners submits that the petitioners are advance EMIs amounting to Rs.2 He also submits that the petitioners would they fall due. Mr. Nitin Thatai, Advocate puts in appearance on behalf of the kshit Kumar, Authorized Officer, paying the advance EMIs amounting account would be regularized. ... Respondent(s) earned counsel for the petitioners submits that the petitioners are advance EMIs amounting to Rs.2 would Mr. Nitin Thatai, Advocate puts in appearance on behalf of the ed Officer, amounting SWARNJIT SINGH 2025.04.03 16:14 I attest to the accuracy and integrity of this document CWP-9200-2025 4. Heard. 5. In view of the above, the petition stands disposed of with a direction that the lakhs by 10.04.2025. 6. In the event of the 10.04.2025, the respondent proceedings under the SARFAESI 7. However, i respondent would be at liberty to initiate proceedings under the SARFAESI Act. 03.04.2025 SwarnjitS Whether speaking/reasoned Whether reportable 2025 Heard. In view of the above, the petition stands disposed of with a direction that the petitioners would pay five advance EMIs amounting to Rs.2 lakhs by 10.04.2025. In the event of the petitioners paying five advance EMIs by respondent would regularize the under the SARFAESI Act. However, in the event of the petitioners uld be at liberty to initiate proceedings under the SARFAESI Act. (ANUPINDER SINGH GREWAL) (DEEPAK MANCHANDA) Whether speaking/reasoned : Yes / No Whether reportable : Yes / No -2- In view of the above, the petition stands disposed of with a uld pay five advance EMIs amounting to Rs.2 paying five advance EMIs by their account and would drop the petitioners defaulting in payment, the uld be at liberty to initiate proceedings under the SARFAESI Act. (ANUPINDER SINGH GREWAL) JUDGE (DEEPAK MANCHANDA) JUDGE Yes / No Yes / No In view of the above, the petition stands disposed of with a uld pay five advance EMIs amounting to Rs.2 paying five advance EMIs by would drop the the uld be at liberty to initiate proceedings under the SARFAESI Act. SWARNJIT SINGH 2025.04.03 16:14 I attest to the accuracy and integrity of this document