BASANT LAL v. STATE OF U.P. THRU. PRIN. SECY. REVENUE LKO. U.P. AND 3 OTHERS
WRIC/1574/2025 · 2025-02-24
Pankaj Bhatia
body2025
DailyLaw.ai
[ 2025 DAILYLAW 123972 (ALL) · dailylaw.ai ]
DailyLaw.ai
[ 2025 DAILYLAW 123972 (ALL) · dailylaw.ai ]
Judgment text
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Neutral Citation No. - 2025:AHC-LKO:11538 Court No. - 7 Case :- WRIT - C No. - 1574 of 2025 Petitioner :- Basant Lal Respondent :- State Of U.P. Thru. Prin. Secy. Revenue Lko. U.P. And 3 Others Counsel for Petitioner :- Ajay Kumar,Santosh Kumar Yadav Counsel for Respondent :- C.S.C. Hon'ble Pankaj Bhatia,J.
1. Heard learned counsel for the petitioner and learned counsel for respondent-Bank.
2. The present petition has been filed by the petitioner challenging the action of recovery initiated by the respondent- Bank.
3. Learned counsel for the respondent-Bank, based upon the instructions, states that an amount of Rs.11,22,403/- is due and payable by the petitioner as on 31.12.2023 indicated in the recovery certificate and the petitioner has paid approximately Rs.1,15,000/- as per the statement of learned counsel for the petitioner. Thus, approximnately an amount of Rs.11 lacs is due and payable by the petitioner, which could also include the interest after 2023.
4. Learned counsel for the petitioner seeks sometime to repay the said amount as the petitioner is a poor agriculturist.
5. In view of the said statement, it is directed that the recovery against the petitioner shall remain in abeyance, subject to the petitioner depositing an amount of Rs.1,00,000/- on or before 31st March, 2025. The balance amount of approximately Rs.10,00,000/- shall be paid by the petitioner in five equal quarterly installments of Rs.2,00,000/- each. The first installment shall be payable on 30th June, 2025, second on 30th September, 2025, third on 31st December, 2025, fourth on 31st March, 2026 and last installment on 30th June, 2026. The last installment shall include overdue interests.
6. Respondent-bank shall provide the statement of the account to the petitioner within a period of 15 days from today.
7. In the event of failure of paying any of the installment as indicated above, the respondent-Bank would be at liberty to recover the amount in accordance with law.
8. The writ petition stands disposed of with the above terms. Order Date :- 24.2.2025/Ashutosh Digitally signed by :- ASHUTOSH PANDEY High Court of Judicature at Allahabad, Lucknow Bench