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2025 DAILYLAW 45167 (PNJ)

SURINDER SINGH AND ANOTHER v. UNION BANK OF INDIA

CWP/10468/2025 · 2025-04-09

Anupinder Singh Grewal, Deepak Manchanda

body2025

Judgment text

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IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH 121 SURINDER SINGH AND ANOTHER UNION BANK OF INDIA CORAM: HON’BLE MR. JUSTICE ANUPINDER SINGH GREWAL HON’BLE MR. JUSTICE DEEPAK MANCHANDA Present: Mr. Mr. Achintaya, Advocate Mr. Gaurav Goel, Advocate for the respondent/ Bank. ANUPINDER SINGH GREWAL, J. (ORAL) Learned counsel for the petitioners submits that the petitioners are willing to settle the matter with the respondent payment of the overdue amount but require some time in that regard. On advance notice, Mr. Gaurav Goel, Advocate puts in appearance on behalf of respondent/Bank and submits that the Rs.3,25,000/- as on date and if the petitioners make the entire payment by 30.04.2025, their acco Heard. In view of the above, the petition is disposed of with a direction that in the event of the petitioners paying a sum of Rs.3, respondent/Bank would regularize their account. The petitioners would IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH CWP-10468-2025 DATE OF DECISION: 09.04.2025 SURINDER SINGH AND ANOTHER Versus UNION BANK OF INDIA HON’BLE MR. JUSTICE ANUPINDER SINGH GREWAL HON’BLE MR. JUSTICE DEEPAK MANCHANDA Arsh Bir, Advocate and Mr. Achintaya, Advocate for the petitioner. Mr. Gaurav Goel, Advocate for the respondent/ Bank. ANUPINDER SINGH GREWAL, J. (ORAL) Learned counsel for the petitioners submits that the petitioners are willing to settle the matter with the respondent payment of the overdue amount but require some time in that regard. On advance notice, Mr. Gaurav Goel, Advocate puts in appearance on behalf of respondent/Bank and submits that the as on date and if the petitioners make the entire payment by their account would be regularized. Heard. In view of the above, the petition is disposed of with a direction that in the event of the petitioners paying a sum of Rs.3, respondent/Bank would regularize their account. The petitioners would IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH 2025 DATE OF DECISION: 09.04.2025 … Petitioner (s) ... Respondent(s) HON’BLE MR. JUSTICE ANUPINDER SINGH GREWAL HON’BLE MR. JUSTICE DEEPAK MANCHANDA for the petitioner. Mr. Gaurav Goel, Advocate for the respondent/ Bank. Learned counsel for the petitioners submits that the petitioners are willing to settle the matter with the respondent/Bank and would make the payment of the overdue amount but require some time in that regard. On advance notice, Mr. Gaurav Goel, Advocate puts in appearance on behalf of respondent/Bank and submits that the overdue amount is as on date and if the petitioners make the entire payment by In view of the above, the petition is disposed of with a direction that in the event of the petitioners paying a sum of Rs.3,25,000/- by 30.04.2025, the respondent/Bank would regularize their account. The petitioners would Learned counsel for the petitioners submits that the petitioners are and would make the On advance notice, Mr. Gaurav Goel, Advocate puts in appearance is as on date and if the petitioners make the entire payment by In view of the above, the petition is disposed of with a direction that by 30.04.2025, the SWARNJIT SINGH 2025.04.09 16:34 I attest to the accuracy and integrity of this document CWP-10468-2025 henceforth pay instalments as and when they fall due. that in the event of the petitioners defaulting respondent/Bank would be at liberty to initiate action under the SARFAESI Act. 09.04.2025 SwarnjitS Whether speaking/reasoned Whether reportable 2025 henceforth pay instalments as and when they fall due. n the event of the petitioners defaulting respondent/Bank would be at liberty to initiate action under the SARFAESI Act. (ANUPINDER SINGH GREWAL) (DEEPAK MANCHANDA) Whether speaking/reasoned : Yes / No Whether reportable : Yes / No -2- henceforth pay instalments as and when they fall due. It is, however, clarified n the event of the petitioners defaulting in making the payment, the respondent/Bank would be at liberty to initiate action under the SARFAESI Act. (ANUPINDER SINGH GREWAL) JUDGE (DEEPAK MANCHANDA) JUDGE / No Yes / No It is, however, clarified the payment, the respondent/Bank would be at liberty to initiate action under the SARFAESI Act. SWARNJIT SINGH 2025.04.09 16:34 I attest to the accuracy and integrity of this document