Sajjan Singh Tomer vs Lic Housing Finance Limited on 9 December, 2009

CWP No.17606 of 2009                                               [1]

IN THE HIGH COURT OF PUNJAB                       AND HARYANA AT
                CHANDIGARH.



                                C. W. P. No. 17606 of 2009

                                Date of Decision: 9 - 12 - 2009



Sajjan Singh Tomer                                         ....Petitioner


                                v.

LIC Housing Finance Limited                                ....Respondent



CORAM: HON'BLE MR.JUSTICE KANWALJIT SINGH AHLUWALIA

                                ***

Present:      Mr.Arun Singal, Advocate
              for the petitioner.

              Mr.Amit Sharma, Advocate
              for the respondent.

                                ***

KANWALJIT SINGH AHLUWALIA, J. (ORAL)

Counsel for the respondent-LIC Housing Finance Limited has

submitted that as on today Rs.33,76,598/- are outstanding against the

petitioner.

Counsel for the petitioner submit that commencing from

1.1.2010, petitioner shall deposit Rs.2,50,000/- every month with the

respondent-LIC Housing Finance Limited. Counsel further submit that in

case there are two consecutive defaults, the respondent may proceed against

the petitioner in accordance with the provisions of law.

The request is not opposed by counsel for the respondent.

CWP No.17606 of 2009 [2]

In view of the broad consensus and the arrangement noticed

above, the present petition is disposed of.

( KANWALJIT SINGH AHLUWALIA )
December 9, 2009. JUDGE

RC