IN THE HIGH COURT OF PUNJAB AND HARYANA AT CHANDIGARH 115 CR-5830-2025 (O&M) Date of decision :27.08.2025 PUNJAB NATIONAL BANK AND ANOTHER ... PETITIONERS VERSUS SHRI SANATAN DHARARM EDUCATION SOCIETY ...RESPONDENT CORAM: HON'BLE MR. JUSTICE PARMOD GOYAL Present: Mr. Saurav Verma, Advocate with Mr. Anshul Pareek, Advocate for the petitioners. Mr. B.R. Mahajan, Senior Advocate with Ms. Amrita Nagpal, Advocate, Mr. Sharad Aggarwal, Advocate, Ms. Nikita Goel, Advocate and Ms. Harita Dhanda, Advocate for the respondent. **** PARMOD GOYAL, J. (ORAL) After arguing for some time, learned counsel for the parties have agreed that matter can be compromised. 2. Learned counsel for the petitioners has offered that bank be granted 6 months time to vacate the premises and bank is ready to pay rent w.e.f. 01.01.2025 @ Rs. 1,35,000/- per month. Learned counsel for the petitioners further submits that bank has already paid rent from month of January, 2025 till July, 2025 @ Rs. 28,000/-. The proposal on behalf of petitioners has been accepted by learned counsel for the respondents under instructions of management. MANOJ KUMAR 2025.08.28 11:20 I attest to the accuracy and integrity of this document CR-5830-2025 (O&M) -2- 3. Let remaining amount after deducting Rs. 28,000/- for the month of January to July, 2025 be tendered by bank within 10 days to the respondent- landlord. The bank shall pay rent for next 7 months i.e. from August to March, 2026 @ Rs.1,35,000/- regularly without any default till date fixed for vacation of premises. Bank shall also furnish undertaking within a period of one week to the satisfaction of Executing Cout that it will vacate premises and handover possession to the landlord on or before 31.03.2026. It is made clear that bank shall not take plea of closing year and vacate the premises on or before 31.03.2026. Police Authorities and Executing Court are directed not to take any coercive action against the bank for next 10 days till the undertaking is filed, in case undertaking is not filed within a period of 10 days along with arrears of rent as agreed above, the executing Court shall be free to take action against the tenant in accordance with law. 4. Present appeal is disposed of in above terms. 5. Let a copy of the order be given under the signatures of Bench Secretary. 6. Pending miscellaneous application(s), if any, shall also stand disposed of. 27.08.2025 (PARMOD GOYAL) manoj JUDGE Whether speaking/reasoned Yes/No Whether reportable Yes/No MANOJ KUMAR 2025.08.28 11:20 I attest to the accuracy and integrity of this document