HIGH COURT OF JUDICATURE AT ALLAHABAD LUCKNOW WRIT - C No. - 8127 of 2025 Court No. - 6 HON'BLE PANKAJ BHATIA, J. 1. Heard the counsel for the petitioner and the counsel who appears for the respondent bank. 2. The present petition has been filed by the petitioner challenging the recovery certificate dated 22.09.2023 issued by the respondent bank. 3. The counsel for the respondent bank, based upon the instructions and statements of account, states that an amount of Rs.7,52,803/- and odd is due and payable by the petitioner. 4. The Counsel for the petitioner states that the petitioner is ready and willing to pay the entire outstanding, however, seeks some time to pay the said amount. 5. In view of the said statement, the present writ petition is disposed off holding that the recovery issued against the petitioner shall remain stayed subject to the petitioner depositing an amount of Rs.1,50,000/- on or before 31.10.2025. 6. The remaining outstanding amount of approximately Rs.6,00,000/- (six lacs) along with interest shall be paid by the petitioner in six equal installments of Rs.1,00,000/- each. Meaning thereby, the first installment shall be paid by 31.01.2026, the second installment by 30.04.2026, third installment by 31.07.2026, fourth installment by 31.10.2026, fifth Versus Counsel for Petitioner(s) : Shiv Kumar Yadav, Mata Prasad Chaturvedi Counsel for Respondent(s) : C.S.C., Sudheer Tripathi Avinash Verma .....Petitioner(s) Reserve Bank Of India Thru. Deputy Governer Lko. And 8 Others .....Respondent(s) installment by 31.01.2027 and the last installment with overdue interest by 30.04.2027. 7. In case of default, the present order shall automatically come to an end and the respondent Bank will have right to recover the loan amount in accordance with law. August 22, 2025 VNP/- WRIC No. 8127 of 2025 2 (Pankaj Bhatia,J.) Digitally signed by :- VISHVANATH PRASAD SHUKLA High Court of Judicature at Allahabad, Lucknow Bench