Neutral Citation No. - 2025:AHC-LKO:35286 Court No. - 3 Case :- WRIT - C No. - 5839 of 2025 Petitioner :- Rajesh Kumar Respondent :- Managing Director U.P. Sahkari Gram Vikas Banks Ltd. Lko. And 2 Others Counsel for Petitioner :- Vanshraj Dubey,Sandeep Soni Counsel for Respondent :- Vinod Kumar Singh Hon'ble Syed Qamar Hasan Rizvi,J. 1. Heard Sri Vanshraj Dubey, learned counsel for the petitioner and Sri Vinod Kumar Singh, learned counsel for the U.P. Sahkari Gram Vikas Bank/opposite parties. 2. The submission of the learned counsel for the petitioner is that he took an agricultural loan amounting to Rs. 40,000/- in the year 2012 and out of which he has repaid Rs. 40,000/- till date. He further submits the due to some financial constraints, he could not deposit the remaining amount in time. 3. Learned counsel for the petitioner submits that the petitioner is ready to repay the remaining loan amount within a maximum period of one year, in easy installments. 4. Learned counsel appearing on behalf of the Bank submits that he has no objection in case the petitioner repays the remaining loan amount in four quarterly installments. 5. Taking into consideration the aforesaid consent given by the learned counsel appearing on behalf of the Bank, this Court is of the view that no useful purpose would be served to keep the writ petition pending. 6. In view of aforesaid, the auction proceedings in pursuance of the notice dated 28.04.2025 published in the daily newspaper 'Hindustan', as contained in annexure no.1 to the writ petition, shall remain in abeyance subject to the deposition of the amount of Rs. 25,000/- within a month from today. 7. Accordingly, the writ petition is disposed of with a direction that the petitioner shall deposit an amount of Rs. 25,000/- out of the total outstanding dues as on today, within a period of one month from the date of this order and shall deposit the remaining amount with interest in four equal quarterly installments. 8. It is provided that in case if the petitioner fails to make the payment as per the schedule stipulated herein above, the benefit of this order shall not be available to him and the Bank shall be at liberty to take appropriate steps for recovery of the outstanding dues. 9. With the aforesaid observation/direction, the present writ petition is disposed of. Order Date :- 11.6.2025 Abhishek Gupta Digitally signed by :- ABHISHEK GUPTA High Court of Judicature at Allahabad, Lucknow Bench