Neutral Citation No. - 2025:AHC-LKO:12237 Court No. - 7 Case :- WRIT - C No. - 1906 of 2025 Petitioner :- Chandra Kant Respondent :- Bank Of India Branch Gahdo District Lko. Thru. Branch Manager And Another Counsel for Petitioner :- Alok Kumar Singh Counsel for Respondent :- Nitin Srivastava Hon'ble Pankaj Bhatia,J. 1. Heard learned counsel for the petitioner and Shri Nitin Srivastava, 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.27,85,644.61/- is due and payable by the petitioner as on 05.02.2021, which is payable along the accrued interest, which is not being charged so far. 4. Learned counsel for the petitioner states he is ready and willing to pay the amount. However, as an agriculturist, he seeks sometime to pay the said amount. 5. Considering the said submissions, the present petition is disposed of holding that the recovery against the petitioner shall not be pursued, subject to the petitioner paying an amount of Rs.2,00,000/- on or before 31st March, 2025. The balance amount shall be paid by the petitioner in five equal quarterly installments of Rs.6 lacs 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 also include the overdue interests. 6. In the event of failure to pay any of installments as directed above, the respondent-Bank would be at liberty to recover the amount in accordance with law. 7. The writ petition stands disposed of with the above terms. Order Date :- 28.2.2025 Ashutosh Digitally signed by :- ASHUTOSH PANDEY High Court of Judicature at Allahabad, Lucknow Bench