( 1 ) A short question which arises for consideration in this writ petition is whether this Court in exercise of its power under article 226 of the Consittution of India could prohibit the respondents-Corporation from enforcing a contractual obligation against the petitioner. This question has arisen in the backdrop of the following facts.

( 2 ) THE petitioner joined the services of the respondents-Corporation as Traffic Inspector grade-II on 22-6-1987. Thereafter- wards, the petitioner along with the other recruitees for the said post, underwent training for a period of eighteen months. As per the terms of the employment, the petitioner and other similarly circumstanced had to execute an agreement in favour of the respondents-Corporation undertaking to serve the Corportion for a period of atlcast five years on completion of the training and if for any reason they cannot serve for a period of five years, to refund sum of money received by them towards stipend during training. Accordingly, the petitioner had executed such an agreement in favour of the respondents-Corporation on 11-5-1987. When (he petitioner was working as Traffic Inspector grade-II in die services of