VINAY KUMAR v. STATE OF U.P. THRU. PRIN. SECY. REVENUE DEPTT. LKO. AND 3 OTHERS.
WRIC/2125/2025 · 2025-03-06
Pankaj Bhatia
body2025
DailyLaw.ai
[ 2025 DAILYLAW 126393 (ALL) · dailylaw.ai ]
DailyLaw.ai
[ 2025 DAILYLAW 126393 (ALL) · dailylaw.ai ]
Judgment text
Extracted from the PDF above. The PDF is authoritative.
Neutral Citation No. - 2025:AHC-LKO:13840 Court No. - 7 Case :- WRIT - C No. - 2125 of 2025 Petitioner :- Vinay Kumar Respondent :- State Of U.P. Thru. Prin. Secy. Revenue Deptt. Lko. And 3 Others. Counsel for Petitioner :- Neeraj Singh,Shweta Mishra Counsel for Respondent :- C.S.C.,Prashant Kumar Srivastava Hon'ble Pankaj Bhatia,J.
1. Heard learned Counsel for the petitioner as well as learned Standing Counsel and Sri Prashant Kumar Srivastava, learned Counsel appearing on behalf of the respondent-Bank.
2. The present petition has been filed challenging the recovery proceedings initiated by the respondent-Bank.
3. The Counsel for the petitioner states that the petitioner being a poor person is unable to pay the entire amount.
4. The Counsel for the respondent-Bank based upon the instructions states that an amount of Rs.7,17,740/- is due and payable by the petitioner. The Counsel for the petitioner seeks some time to pay the remaining amount.
5. 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 Rs.25,000/- on or before
31.03.2025. The balance amount shall be paid by the petitioner in 6 equal installments. The first installment of Rs.1,20,000/- will fall due on or before 30.06.2025 and the others on or before 30.09.2025, 31.12.2025, 31.03.2026, 30.06.2026 and
30.09.2026. The last installment will also carry the overdue interest amount.
6. 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.
7. It is made clear that no further time shall be granted by this Court.
Order Date :- 6.3.2025 akverma Digitally signed by :- ASHOK KUMAR VERMA High Court of Judicature at Allahabad, Lucknow Bench