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S. Sarwar Hussain @ Sarwar Hussain ... vs The Chief Manager
2021 Latest Caselaw 6363 Patna

Citation : 2021 Latest Caselaw 6363 Patna
Judgement Date : 22 December, 2021

Patna High Court
S. Sarwar Hussain @ Sarwar Hussain ... vs The Chief Manager on 22 December, 2021
         IN THE HIGH COURT OF JUDICATURE AT PATNA
                     Civil Writ Jurisdiction Case No.5447 of 2021
     ======================================================

1. S. SARWAR HUSSAIN @ SARWAR HUSSAIN AND OTHERS Son of Late S. Nasir Hussain Resident of Tootwari Road, Panchayatiya Akhara, P.o.- H.P.O., Gaya Town, and Distrcit- Gaya

2. S. Haider Husaain @ S. Haider Hussain Rizvi Son of Late s.Nasir Hussain Resident of Tootwari Road, Panchayatiya Akhara, P.o.- H.P.O., Gaya Town, and Distrcit- Gaya

... ... Petitioner/s

Versus

1. The chief Manager, Punjab National Bank, Inter Office, Rai Kashi Nath More Gaya

2. The Branch Manager, Punjab National Bank, Branch Office, Rai Kashi Nath More, Gaya ... ... Respondent/s ====================================================== Appearance :

For the Petitioner/s : Mr.Sanjay Kumar Pandey, Advocate For the Respondent/s : Mr.Kumar Priya Ranjan, SC-P.N.B.

Mr. Pallav, Advocate ====================================================== CORAM: HONOURABLE THE CHIEF JUSTICE and HONOURABLE MR. JUSTICE S. KUMAR ORAL JUDGMENT (Per: HONOURABLE THE CHIEF JUSTICE)

Date : 22-12-2021

Petitioner has prayed for the following relief(s):

"For issuance of an appropriate writ, order or direction particularly in the nature of mandamus for a direction to the Respondent Bank to grant extension of time of 12 months at least for repayment of loan amount remained due pursuant to compromise entered between parties on 25.03.2020."

Yesterday, we had passed the following order:

"It is contended that in April, 2020 petitioner had entered into a One Time Patna High Court CWJC No.5447 of 2021 dt.22-12-2021

Settlement with the respondent Bank, whereby petitioner had agreed to pay a sum of ₹45 lacs, out of which petitioner has already paid a sum of ₹41 lacs. Only on account of current Pandemic Covid-19, petitioner could not deposit the balance amount of ₹4 lacs (Approx.), which the petitioner is now ready and willing to do so within a period of three months. Also, the petitioner is ready and willing to deposit the interest accrued on the settled amount.

To establish his bona fide, petitioner is also ready and willing to deposit a sum of ₹1 lac with the respondent Bank within next 48 hours.

As prayed for, list this case on 22 nd of December, 2021 so as to enable learned counsel for the respondent Bank to take instructions."

Mr. Kumar Priya Ranjan, learned counsel for the

Bank, informs that the total outstanding amount as would be

payable by the petitioner on 31st of December, 2021, is

Rs.4,70,000/-.

Having given thoughtful consideration, we are of

the considered view that petitioner deserves concession towards

waiver of the amount of interest. We are sure that the Bank shall

take a liberal view in the matter.

The petitioner undertakes to pay the amount in

terms of our order 21.12.2021, reproduced supra, on or before Patna High Court CWJC No.5447 of 2021 dt.22-12-2021

31st of January, 2022.

The petition is disposed of in the aforesaid terms.

Interlocutory application, if any, shall also stand

disposed of.

(Sanjay Karol, CJ)

( S. Kumar, J)

K.C.Jha/-

AFR/NAFR
CAV DATE
Uploading Date          24.12.2021
Transmission Date
 

 
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