Citation : 2022 Latest Caselaw 11660 P&H
Judgement Date : 19 September, 2022
128 IN THE HIGH COURT OF PUNJAB AND HARYANA AT
CHANDIGARH
CR-143-2021 (O&M)
Date of decision: 19.09.2022
Punjab State Grains Procurement Corporation Limited and another
....Petitioners
Versus
M/s Gill Rice Mills and another
..Respondents
CORAM: HON'BLE MR. JUSTICE ANIL KSHETARPAL
Present: Mr. T.S.Sidhu, Advocate for the petitioners
Mr. Arjun Shukla, Advocate for the respondents
ANIL KSHETARPAL, J (Oral)
The petitioner herein, is a wholly owned State Government
organization. Its prayer before the Executing Court for releasing its
property from attachment has been dismissed. Admittedly, the Regular
Second Appeal against the judgment and decree is pending, in which
execution of the decree has been ordered to be stayed. Continuation of
attachment of the Bank account of the petitioner organization is
hampering its working. This organization is in the business of
procurement of foodgrains for the State as well as the Central
Government. Once the execution of the decree has been stayed, no
useful purpose shall be served in keeping the Bank account of the
petitioner organization under attachment. Hence, the order dated
30.09.2020 is set aside.
Needless to observe that after the decision of the Regular
Second Appeal, the decree-holder shall be at liberty to proceed with the
matter.
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With these observations, the revision petition is allowed.
All the pending miscellaneous applications, if any, are also
disposed of.
19.09.2022 (ANIL KSHETARPAL)
rekha JUDGE
Whether speaking/reasoned : Yes/No
Whether reportable : Yes/No
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