Neutral Citation No. - 2025:AHC-LKO:14145 Court No. - 7 Case :- WRIT - C No. - 2173 of 2025 Petitioner :- Dev Prakash Chaturvedi Respondent :- State Of U.P. Thru. Prin. Secy. Revenue Deptt. Lko. And 4 Others Counsel for Petitioner :- Piyush Kumar Singh Counsel for Respondent :- C.S.C.,Gaurav Mehrotra Hon'ble Pankaj Bhatia,J. 1. Heard learned counsel for the petitioner, Ms. Alina Masoodi, learned counsel for the respondent bank, learned Standing counsel for the State respondent and perused the record. 2. The present writ petition has been filed by the petitioner challenging the recovery proceedings initiated by the respondent-bank for recovery of its dues. 3. The counsel for the petitioner at the very outset states that he is ready and willing to pay the amount, however, seeks a little time to pay the amount in installments. 4. As per the respondent bank, the amount due against the petitioner is Rs.1,59,382/- as on 04.03.2025. 5. Considering the said statement, the present petition is disposed of holding that no action shall be taken for recovery of the amount subject to the petitioner depositing an amount of Rs.25,000/- on or before 31.03.2025. Balance amount Rs. 1,25,000/- and odd shall be paid in five equal quarterly installments of Rs.25,000/-. The first installment shall be paid on or before 30.06.2025, second installment shall be paid on or before 30.09.2025, third installment shall be paid on or before 31.12.2025, the fourth installment shall be paid on or before 31.03.2026 and the fifth and final installment including the overdue interest shall be paid by the petitioner on or before 30.06.2026. In case of failure to pay any installment as directed above, the respondent- bank would be entitled to recover the amount in accordance with law. It is further provided that any loan waiver scheme, if comes during this period shall be extended to the petitioner. Order Date :- 7.3.2025 Arun Digitally signed by :- ARUN KUMAR High Court of Judicature at Allahabad, Lucknow Bench Digitally signed by :- ARUN KUMAR High Court of Judicature at Allahabad, Lucknow Bench