Neutral Citation No. - 2025:AHC-LKO:6842 Court No. - 7 Case :- WRIT - C No. - 968 of 2025 Petitioner :- Ram Vachan Singh Respondent :- State Of U.P. Thru. Addl. Chief Secy. Revenue Lko And 3 Others Counsel for Petitioner :- Indra Pratap Singh,Ashvani Kumar Yadav Counsel for Respondent :- C.S.C.,Vinod Kumar Singh Hon'ble Pankaj Bhatia,J. 1. Heard learned Counsel for the petitioner as well as learned Standing Counsel and Sri Vinok Kumar Singh, learned Counsel appearing on behalf of the respondent-Bank. 2. The present petition has been filed challenging the action of recovery initiated by the respondent-Bank. 3. The Counsel for the Bank on instructions states that an amount of Rs.6,98,109/- is due and payable by the petitioner as on 29.01.2025. The Counsel for the petitioner seeks some time to pay the remaining amount. 4. Considering the submissions made at the Bar and the request made by the petitioner to repay the entire amount of loan along with interest, the present petition is disposed off directing that the recovery proceedings shall remain stayed subject to the petitioner depositing an amount of rupees one lac on or before 26.02.2025. The balance amount of about Rs.6/- lac and odd shall be paid by the petitioner in 6 equal installments. The first installment of Rs.1/- lac will fall due on or before 30.04.2025 and the others on or before 31.07.2025, 31.10.2025, 31.01.2026, 30.04.2026 and 31.07.2026. The last installment will also carry the overdue interest amount. 5. In case of default of the above conditions, the benefit of this order will not be extended to the petitioner and the respondent- Bank shall be entitled to recover the entire outstanding loan amount in accordance with law. 6. It is made clear that no further time shall be granted by this Court. Order Date :- 31.1.2025 akverma Digitally signed by :- ASHOK KUMAR VERMA High Court of Judicature at Allahabad, Lucknow Bench