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Neutral Citation No. - 2025:AHC:77383 Court No. - 33 Case :- WRIT - C No. - 3909 of 2025 Petitioner :- Narendra Dev Mishra Respondent :- State Of U.P. And 2 Others Counsel for Petitioner :- Vidya Kant Tripathi Counsel for Respondent :- C.S.C.,Vivek Kumar Rai Hon'ble Prakash Padia,J.
1. Petitioner has preferred the present writ petition inter-alia with the prayer to quash the auction notice dated 29.10.2024 issued by the respondent no.3-U.P. Sahkari Gram Vikas Bank Limited, Branch Meja, Prayagraj.
2. By the aforesaid notice, the petitioner was directed to deposit a sum of Rs. 22,51,000/- along with other expenses.
3. Learned counsel for the respondent bank has no objection in case petitioner is ready and willing to make the aforesaid payments in installments.
4. Heard learned counsel for the petitioner and learned counsel appearing on behalf of the respondents No.3-Bank and perused the record.
5. Having regard to the fact that the petitioner has offered to pay the entire amount due against him, in my view, the ends of justice require that the petitioner be granted opportunity to deposit the entire outstanding amount due against him in the following manner :- (i) Petitioner shall deposit Rs.3,00,000/- (Three Lac) on or before 30.06.2025 with the respondent-Bank. (ii) In case the amount, as indicated above, is deposited by the period prescribed, the respondent-Bank shall provide a fresh statement of account after adjusting the amount already deposited. That amount shall thereafter be deposited in four equal quarterly installments. (iii) No recovery charges shall be recovered from the petitioner by the respondent authorities. (iv) Till the period prescribed for depositing the aforesaid amount
and thereafter during the period of deposit of installments, the recovery proceedings will be kept in abeyance. In case the petitioner defaults in depositing the initial amount or thereafter installments within the stipulated period, it will be open for the respondents to start recovery proceedings against the petitioner.
6. With the aforesaid observations/directions, the writ petition stands disposed of. No order as to costs. Order Date :- 12.5.2025 T.S. Digitally signed by :- TRIBHUWAN SINGH High Court of Judicature at Allahabad Digitally signed by :- TRIBHUWAN SINGH High Court of Judicature at Allahabad