Neutral Citation No. - 2025:AHC-LKO:17264 Court No. - 6 Case :- WRIT - C No. - 2517 of 2025 Petitioner :- Chandresh Respondent :- State Of U.P. Thru. Prin. Secy. Revenue Deptt. And 3 Others Counsel for Petitioner :- Sanjay Kumar,Brijesh Kumar Chaudhary,Virendra Singh Counsel for Respondent :- C.S.C.,Vinay Shankar Hon'ble Pankaj Bhatia,J. 1. Heard learned counsel for the petitioner, Sri Vinay Shankar, 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 certificate issued 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.1740517/- as on 24.03.2025. 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.1 Lac on or before 31.03.2025. Balance amount Rs. 16 Lacs plus interest shall be paid by the petitioner in four equal quarterly installments of Rs.4 Lac each. 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, and the fourth and final installment including the overdue interest shall be paid by the petitioner on or before 31.03.2026. 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 in the meantime, in case any OTS Scheme is floated by the respondent-bank, the petitioner would be entitled to claim the benefits of the said OTS Scheme in accordance with law. In case the amounts are paid as directed above, no recovery charges shall be paid by the petitioner. Order Date :- 26.3.2025 Arun Digitally signed by :- ARUN KUMAR High Court of Judicature at Allahabad, Lucknow Bench