HIGH COURT OF JUDICATURE AT ALLAHABAD WRIT - C No. - 4968 of 2025 Court No. - 3 HON'BLE SAUMITRA DAYAL SINGH, J. HON'BLE INDRAJEET SHUKLA, J. 1. Heard Shri Ram Jeet Singh, learned counsel for petitioners and Shri Awadhesh Kumar Pal, learned counsel for respondents No. 2 and 3. 2. Present petition has been filed against the recovery proceedings initiated against the petitioners. 3. At the outset learned counsel for the bank states that at present bank is claiming Rs. 14,64,600/- as due outstanding from the petitioners. At the same time, if the petitioners were to deposit Rs.5,00,000/- within a period of 15 days from today, the bank is willing to regularize the loan account of the petitioners subject to their continuing to pay timely EMI towards repayment of the loan. 4. The above offer made by learned counsel for the bank is accepted by learned counsel for the petitioners. 5. In view of the above, the writ petition is disposed of with the direction subject to the petitioners depositing Rs. 5,00,000/- on or before 14.11.2025, and continuing to pay the further EMIs as and when it become due, the respondent bank may not proceed further against the petitioners towards recovery of its dues. However, if petitioners defaults in complying with the terms of this order, the recovery may revive from that stage without any reference to the Court. October 29, 2025 Nadeem Versus Counsel for Petitioner(s) : Ran Jeet Singh Counsel for Respondent(s) : Awadhesh Kumar Pal, C.S.C. (Indrajeet Shukla,J.) (Saumitra Dayal Singh,J.) Jai Prakash Upadhyaya And Another .....Petitioner(s) State Of U.P. And 2 Others .....Respondent(s) Digitally signed by :- NADEEM AHMAD High Court of Judicature at Allahabad