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:f HIGH COURT OF DELHI cRL.M.C. 1B1s/20LI PAYAL ..... Petitioner
Through Mr. Desh Raj, Advocate VCTSUS STATE & ANR ..... Respondent
Through Mr.Navin Sharma, APP Mr. Rajinder Wali, Advocate
. )'- for respondent no'2
ORDER olo 19.08.2011
JUDGMENT
1. The learned counsel for the respondent no.2/Bank has very fairly stated that although the respondent has offered to pay T33'lacs as a onetime settlement for the.dispute but till date only an amount of {7 lacs has been received by the respondent no.2, while as T26 lacs stands deposited with Debt Recovery Tribunal.
2. The respondent no.2 states that the offer is accepted by them subject to the condition that the entire amount is received by them. The petitioner is directed to take appropriate steps for the release of the balance amount to the Bank and thereafter, move an appropriate application, for compounding of the offence.
3. In view of the statement of the counsel for the petitioners, the 2011:DHC:10747 1*i -.l.Y a *v ) petition stands dismissed as withdrawn with liberty to approach the Court after the entire agreed amount is paid. v.K. sHALr,J ' AUGUST L[9],zOtL b *