Neutral Citation No. - 2025:AHC-LKO:36410-DB Court No. - 2 Case :- WRIT - C No. - 6047 of 2025 Petitioner :- Vijay Kumar Respondent :- State Of U.P. Thru. Its Prin. Secy. Deptt. Of Revenue Lko. And 2 Others Counsel for Petitioner :- Rinki Devi,Ashutosh Misra Counsel for Respondent :- C.S.C.,Vinod Kumar Singh Hon'ble Alok Mathur,J. Hon'ble Arun Kumar Singh Deshwal,J. 1. Heard Ms. Rinki Devi, learned counsel for the petitioner as well as learned Standing Counsel for respondent no. 2 and Sri Vinod Kumar Singh, learned counsel has accepted notice on behalf of respondent Bank. 2. It has been submitted by learned counsel for the petitioner that petitioner is a marginal farmer who had obtained a loan of Rs.50,000/- for purchasing generator set in the year 2014 and has not repaid the outstanding amount of loan due to which the respondent-bank has initiated recovery proceedings against the petitioner. 3. As per recovery notice dated 22.12.2022, total outstanding amount at that point of time was Rs.1,24,311/-. While it has been submitted by learned counsel for the respondent-bank that total outstanding amount due against the petitioner on 31.03.2025, is Rs.1,47,835/-. 4. It is submitted by learned counsel for the petitioner that petitioner is ready and willing to pay the entire outstanding amount to the bank in easy installments. 5. Learned counsel appearing for the respondent-Bank on the basis of instructions has submitted that the Bank has no objection in the case petitioner re-pays the entire outstanding loan amount in installments. 6. Accordingly, with the consent of learned counsel for the parties, present writ petition is disposed of with following directions :- (i) The petitioner is directed to deposit an amount of Rs.50,000/- with the respondent-Bank within three weeks from today. (ii) The respondent-Bank shall provide latest loan account statement to the petitioner within next seven days from the date of deposit of Rs.50,000/-. (iii) The remaining loan amount shall be paid by the petitioner in three equal quarterly installments. The first, second and third installments falling due on 14.09.2025, 14.11.2025 and 14.01.2026, respectively. (iv) On deposit of Rs.50,000/- by the petitioner within the aforesaid stipulated time period, the recovery proceedings against the petitioner shall remain stayed. 7. It is provided that in case of default of any of the above conditions on the part of petitioner, benefit of this order shall not be available to him and the respondent Bank will be at liberty to proceed with the recovery proceedings against the petitioner in accordance with law. Order Date :- 25.6.2025 A. Verma (Arun Kumar Singh Deshwal, J.) (Alok Mathur, J.) Digitally signed by :- ANURAG VERMA High Court of Judicature at Allahabad, Lucknow Bench