Neutral Citation No. - 2025:AHC-LKO:19628 Court No. - 6 Case :- WRIT - C No. - 3254 of 2025 Petitioner :- Ram Prakash Mani Respondent :- State Of U.P. Thru. Collector/District Magistrate Shrawasti And 3 Others Counsel for Petitioner :- Ram Prasad Dwivedi Counsel for Respondent :- C.S.C.,Sanjeev Kumar Singh Hon'ble Pankaj Bhatia,J. 1. Heard learned counsel for the petitioner and Shri Sanjeev Kumar Snigh, learned counsel for the respondent/Bank. 2. Present petition has been filed by the petitioner challenging auction notice dated 17.02.2025 proposing to auction the property of the petitioner for recovery of the outstanding amount of loan. 3. Learned counsel for the respondent/Bank, on instruction, states that an amount of Rs.3,53,590/- is pending and payable by the petitioner as on 31.03.2025. 4. Learned counsel for the petitioner states that the petitioner seeks some time to pay the said amount as he is a poor person. 5. Considering the said submission, present petition is disposed off providing that steps for auction shall not be taken subject to the petitioner depositing an amount of Rs.30,000/- on or before 30.06.2025. 6. The balance amount of approximately Rs.3,20,000/- and odd shall be paid by the petitioner in five quarterly installments of Rs.60,000/-. Meaning thereby, the first installment shall be paid by 30.09.2025, second installment by 31.12.2025, third installment by 31.03.2026, fourth installment by 30.06.2026 and fifth and last installment shall be paid by 30.09.2026, which shall include the remaining balance and overdue interest. 7. In case any beneficial scheme is floated, the petitioner would be at liberty to apply for the same which shall be considered as per the scheme. 8. In case of default in paying any of the installment, as directed above, the present order shall automatically come to an end and the respondent/Bank would be at liberty to press the recovery in accordance with law. Order Date :- 8.4.2025 nishant Digitally signed by :- NISHANT MOHAN High Court of Judicature at Allahabad, Lucknow Bench