Anju Dheer v. Kangra Coop Bank

1. Learned counsel for the petitioner submits that the petitioner has arrived at an amicable settlement with the respondent Bank, by virtue of which, the Bank has agreed to accept the sum of Rs.90,000/-, in full and final settlement, out of which, 50% of the amount will be paid by the petitioner to the respondent Bank within ten days from today and the balance amount will be paid by the petitioner to the respondent Bank in three instalments by 31.5.2010.

2. Learned counsel for the Bank submits that the respondent Bank has accepted the proposal of the petitioner and the orders dated 05.02.2007 and 24.09.2008 shall be enforced uptill 31.5.2010. Mr. Sanjeev Sharma, Adv. jvir. S.C. Sharma, Adv. Petitioner Respondent 2010:DHC:12352 I \P Counsel further submits that in case 50% of Rs.90,000/- is paid within ten days and the balance amount is paid by 31.05.2010 the respondent Bank will not press the order dated 24.09.2008, which has been passed by learned Metropolitan Magistrate in CM No.799/2006.

3. In view of the settlement arrived between the parties and the stand taken by learned counsel for the parties, learned counsel for the petitioner does not wish to press this petition.

4. Accordingly, petition stands disposed of in view of the settlement arrived at between the parties. CM NO.14805/2008 (stay).

5. Dismissed, in view of the orders passed in the writ petition. 'msr G.S. SISTANI, ^ March 1^., 2010 ' <