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2025 DAILYLAW 117806 (ALL)

RAMDAS v. THE COLLECTOR LAKHIMPUR KHERI AND ANOTHER

WRIC/441/2025 · 2025-01-20

Pankaj Bhatia

body2025

Judgment text

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Neutral Citation No. - 2025:AHC-LKO:3481 Court No. - 7 Case :- WRIT - C No. - 441 of 2025 Petitioner :- Ramdas Respondent :- The Collector Lakhimpur Kheri And Another Counsel for Petitioner :- Ratnesh Trivedi Counsel for Respondent :- C.S.C.,Vinod Kumar Singh Hon'ble Pankaj Bhatia,J. 1. Present petition has been filed by the petitioner challenging the recovery certificate dated 08.01.2025. 2. Learned counsel for the petitioner states that the petitioner is ready and willing to pay the entire outstanding in easy installments. 3. Learned counsel for the respondent bank, on the basis of instructions, states that Rs.3,72,444/- is due and payable as on 31.12.2024 and he has no objection to the proposal given by the petitioner for the payment of the dues. 4. In view thereof, the present petition is disposed off providing that the recovery issued against the petitioner shall not be affected subject to the petitioner depositing Rs.22,500/- on or before 31.01.2025. 5. The balance amount shall be paid by the petitioner in six equal installments of Rs.60,000/-. Meaning thereby, the first installment shall be paid by 30.04.2025, second installment by 31.07.2025, third installment by 31.10.2025, fourth installment by 31.01.2026, fifth installment by 30.04.2026 and the last installment alongwith interest shall be paid by 31.07.2026. 6. In case of default, the present order shall automatically come to an end and the respondent Bank will have right to recover the loan amount in accordance with law. Order Date :- 20.1.2025 VNP/- Digitally signed by :- VISHVANATH PRASAD SHUKLA High Court of Judicature at Allahabad, Lucknow Bench