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2025 DAILYLAW 114441 (ALL)

SATNU LAL v. DISTRICT MAGISTRATE HARDOI DISTT. HARDOI AND 2 OTHERS

WRIC/597/2025 · 2025-01-22

Pankaj Bhatia

body2025

Judgment text

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Neutral Citation No. - 2025:AHC-LKO:4184 Court No. - 7 Case :- WRIT - C No. - 597 of 2025 Petitioner :- Satnu Lal Respondent :- District Magistrate Hardoi Distt. Hardoi And 2 Others Counsel for Petitioner :- Munendra Kumar Counsel for Respondent :- C.S.C.,Ranjana Srivastava Hon'ble Pankaj Bhatia,J. 1. Heard learned counsel for the petitioner, Sri Ranjana Srivastava, learned counsel for the respondent bank, learned Standing counsel for the State respondent and perused the record. 2. The present writ petition has been filed by the petitioner challenging the recovery proceedings initiated by the respondent-bank for recovery of its dues. 3. The counsel for the petitioner at the very outset states that he is ready and willing to pay the amount, however, seeks a little time to pay the amount in installments. 4. As per the respondent bank, the amount due against the petitioner is Rs.4,24,654/- as on 23.07.2023. 5. Considering the said statement, the present petition is disposed of holding that no action shall be taken for recovery of the amount subject to the petitioner depositing an amount of Rs.50,000/- on or before 21.02.2025. Balance amount Rs. 4,00,000/- and odd shall be paid in four equal installments of Rs.1 Lac at the gap of two months. The first installment shall be paid on or before 30th April-2025, second installment shall be paid on or before 30th June-2025, third installment shall be paid on or before 31st August- 2025, and the fourth and final installment including the overdue interest shall be paid by the petitioner on or before 31st October-2025. In case of failure to pay any installment as directed above, the respondent-bank would be entitled to recover the amount in accordance with law. Order Date :- 22.1.2025 Arun Digitally signed by :- ARUN KUMAR High Court of Judicature at Allahabad, Lucknow Bench