Neutral Citation No. - 2025:AHC-LKO:42589-DB Court No. - 2 Case :- WRIT - C No. - 6832 of 2025 Petitioner :- Karanjot Singh Respondent :- Branch Mannager Bank Of India Branch Musafirkhana Amethi And Another Counsel for Petitioner :- Gudiya Yadav Counsel for Respondent :- Nitin Srivastava,C.S.C. Hon'ble Rajan Roy,J. Hon'ble Manish Kumar,J. Heard Ms. Gudiya Yadav, learned counsel for the petitioner, Shri Manish Mishra, learned Additional Chief Standing Counsel for the State and Shri Nitin Srivastava, learned counsel for the opposite party no. 1. The present writ petition has been preferred for quashing of the impugned recovery citation dated 05.11.2024 issued by the opposite party no. 2 for recovery of an amount of Rs.615251 with 18% interest and to further direct the opposite parties to permit the petitioner to deposit the balance loan amount in easy installments. After arguing the matter at some length learned counsel for the Bank submitted that subsequent to issuance of the citation of recovery some amount has been deposited by the petitioner and as of now, an amount of only Rs.1,92,988/- plus interest is due. The loan was advanced by the Bank under a self-employment scheme of the Government. Learned counsel for the petitioner on the basis of instructions has stated that petitioner is ready to pay the entire outstanding loan amount in easy installments as stipulated by this Court. On being asked, learned counsel for the opp. party no. 1- Bank does not have any objection if the petitioner is permitted to pay due amount in reasonable installments, however, he says that some amount should be deposited by the petitioner initially with the Bank. Accordingly, this writ petition is finally disposed of with the following directions:- (i) The petitioner shall deposit a sum of Rs. 10,000/- within one month from today and thereafter, the remaining amount shall be deposited within six equal quarterly installments. (ii) The respondent- Bank shall inform the petitioner with regard to the remaining amount payable by him within a period of 10 days from the date of deposit of Rs. 10,000/-. (iii) It is further provided that the last installment shall contain residuary amount including the accrued amount of interest by that date. (iv) Subject to aforesaid deposit of Rs.10,000/- the recovery of the due amount shall remain in abeyance. (v) The aforesaid amount shall be deposited by the petitioner in the Bank. In case, any default of this order is committed by the petitioner, it shall be open to the revenue authorities and respondent-Bank to proceed against him by taking all measures including coercive measures, which may be available under law. The bank shall communicate our order to the Revenue Authorities. So will Shri Manish Mishra, learned Additional Chief Standing Counsel for the State. . (Manish Kumar,J.) (Rajan Roy,J.) Order Date :- 24.7.2025 R.K.P. Digitally signed by :- RAJ KUMAR PATEL High Court of Judicature at Allahabad, Lucknow Bench