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2026 DAILYLAW 37128 (PNJ)

MS S K TRADING CO v. ANAND RATHI GLOBAL FINANCE LIMITED

CWP/21235/2026 · 2026-08-27

Jasgurpreet Singh Puri, Pravindra Singh Chauhan

body2026

Judgment text

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CWP-21235-2026 (O&M) -1- 113 IN THE HIGH COURT OF PUNJAB & HARYANA AT CHANDIGARH *** CWP-21235-2026 (O&M) Date of Decision: 27.08.2026 M/s S.K. Trading Company .... Petitioner Versus Anand Rathi Global Finance Limited and another ..... Respondents CORAM: HON'BLE MR. JUSTICE JASGURPREET SINGH PURI HON'BLE MR. JUSTICE PRAVINDRA SINGH CHAUHAN Present: Ms. Reena Jain Malhotra, Advocate (through V.C.) & Mr. Anand Aggarwal, Advocate, for the petitioner. Mr. Sumit Puri, Advocate, for respondent No.1. **** JASGURPREET SINGH PURI , J. (ORAL) 1. At the outset, learned counsel for respondent No.1 submitted that the requisite payments have been made to respondent No.1/Finance Company and respondent No.1 will now regularize the account of the petitioners, subject to the condition that the petitioners shall regularly pay the future instalments. 2. Learned counsel for the petitioners submitted that the present writ petition may be disposed of as having been rendered infructuous. However, liberty may be granted to the petitioners to move an appropriate application before respondent No.1 seeking waiver of penal interest etc. 3. Learned counsel for respondent No.1 submitted that he has no objection in case the petitioners move any such application and if so moved, the same will be considered and decided in accordance with law. 4. In view of the above, the present petition is disposed of as having been rendered infructuous. It is directed that in case any application is moved BHUMIKA BHATI 2026.08.27 17:14 I attest to the accuracy and integrity of this document chandigarh CWP-21235-2026 (O&M) -2- by the petitioners before respondent No.1 seeking waiver of penal interest or any other charges, then the same shall be considered and decided by respondent No.1 in accordance with law by passing a speaking order thereon. (JASGURPREET SINGH PURI) JUDGE 27.08.2026 (PRAVINDRA SINGH CHAUHAN) Bhumika JUDGE 1. Whether speaking/reasoned: Yes/No 2. Whether reportable: Yes/No BHUMIKA BHATI 2026.08.27 17:14 I attest to the accuracy and integrity of this document chandigarh