RAM MILAN v. STATE OF U.P. THRU. ADDL. CHIEF SECY. DEPTT. OF FINANCE,LKO. AND 2 OTHERS
WRIC/3300/2025 · 2025-04-09
Pankaj Bhatia
body2025
DailyLaw.ai
[ 2025 DAILYLAW 132460 (ALL) · dailylaw.ai ]
DailyLaw.ai
[ 2025 DAILYLAW 132460 (ALL) · dailylaw.ai ]
Judgment text
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Neutral Citation No. - 2025:AHC-LKO:19929 Court No. - 6 Case :- WRIT - C No. - 3300 of 2025 Petitioner :- Ram Milan Respondent :- State Of U.P. Thru. Addl. Chief Secy. Deptt. Of Finance,Lko. And 2 Others Counsel for Petitioner :- Dr. Surendra Kumar Misra Counsel for Respondent :- C.S.C.,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 recovery certificate issued by the respondent- Bank for recovery of the outstanding loan.
3. Learned counsel for the respondent-Bank, based upon the instructions, states that an amount of Rs.1,10,877/- is due and payable by the petitioner as on 29.04.2023. Apart from the same, the petitioner is also liable to pay interest thereon in accordance with law.
4. Learned counsel for the petitioner seeks sometime to pay the said amount as he is a very poor person.
5. In view thereof, it is directed that the recovery shall not be proceeded against the petitioner, subject to the petitioner depositing an amount of Rs.10,000/- on or before 12th May,
2025. The balance amount of about Rs.1,00,000/- shall be paid by the petitioner in four quarterly installments of Rs.25,000/- each. The first installment shall be payable on 30th August, 2025, second on 30th November, 2025, third on 28th February, 2026 and last installment on 30th May, 2026. The last installment shall include the overdue interests.
6. In the event of failure to pay any of the installments as
directed above, the respondent-Bank would be at liberty to recover the amount in accordance with law.
7. It is further directed that in case, any beneficiary scheme is launched by the State Government, the benefit of the same can be claimed by the petitioner.
8. It is further provided that in case, the installments are paid as
directed above, no recovery charges shall be fixed on the petitioner.
9. The writ petition stands disposed of with the above terms.
Order Date :- 9.4.2025 Ashutosh Digitally signed by :- ASHUTOSH PANDEY High Court of Judicature at Allahabad, Lucknow Bench