M/S Kala Coke And Chemicals Pvt. ... vs Punjab National Bank
2022 Latest Caselaw 1137 Patna

         IN THE HIGH COURT OF JUDICATURE AT PATNA
                 Civil Writ Jurisdiction Case No.20935 of 2021
     ======================================================

M/s Kala Coke and Chemicals Pvt. Ltd. a Company Incorporated Under the Companies Act, 1956, having its registered Office House No. 105, Ara Garden Road, Tapeshwar Nagar, Jagdeopath, P.S. jagdeopath, Patna-800014, through the Managing Director, Uday Shankar Singh Gender Male aged about 58 year, Son of Late Lakshaman Singh, Resident of Near Middle School, Kaura Nawada, District Bhojpur.

... ... Petitioner/s Versus

1. Punjab National Bank through its Chairman-Cum-Managing Director, Sector 10, Dwarka, New Delhi-110075

2. The Zonal Manager, Zonal Office, Punjab National Bank, Chanakya Tower, Patna.

3. The Assistant General Manager, Punjan National Bank, Boring Road Branch, Patna.

4. The Authorized Officer-Cum-Chief Manager, Punjab Natuional Bank, Circle Office Sastra (North), R- Block, Patna.

5. The Branch Manager, Punjab National Bank, Boring Road Branch, Patna.

... ... Respondent/s ====================================================== Appearance :

For the Petitioner/s : Mr.Amaresh Kumar Sinha, Advocate For the Respondent/s : Mr.Kumar Priya Ranjan, Advocate ====================================================== CORAM: HONOURABLE THE CHIEF JUSTICE and HONOURABLE MR. JUSTICE S. KUMAR ORAL JUDGMENT (Per: HONOURABLE THE CHIEF JUSTICE) (The proceedings of the Court are being conducted by Hon'ble the Chief Justice/Hon'ble Judges through Video Conferencing from their residential offices/residences. Also the Advocates and the Staffs joined the proceedings through Video Conferencing from their residences/offices.)

Date : 14-02-2022

Petitioner has prayed for the following relief(s):- Patna High Court CWJC No.20935 of 2021 dt.14-02-2022

Shri Kumar Priya Ranjan, learned counsel

appearing on behalf of the respondents, states that during the

penency of the present petition, petitioner had submitted a

proposal for one time settlement. Such proposal dated

17.01.2022 stands considered favourably by the bank on Patna High Court CWJC No.20935 of 2021 dt.14-02-2022

10.02.2022 and a communication in this regard shall be issued

during the course of the day. Also, petitioner has already acted

thereupon and deposited part of the amount and for the

remaining amount, petitioner undertakes to deposit in terms

thereof.

Statement accepted and taken on record.

As such, in view of the intervening

developments, present petition stands disposed of.

Interlocutory application, if any, shall also stand

disposed of.

(Sanjay Karol, CJ)

( S. Kumar, J) Sujit/-

AFR/NAFR
CAV DATE
Uploading Date          16.02.2022
Transmission Date