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HIGH COURT OF JUDICATURE AT ALLAHABAD WRIT - C No. - 37348 of 2025 Court No. - 9 HON'BLE ARUN KUMAR, J.
1. Heard learned counsel for the petitioner, learned Standing Counsel for the State authorities and Sri Ravi Prakash, holding brief of Sri Vivek Kumar Rai, learned counsel for the respondent Bank.
2. It is stated that petitioner has taken loan for agricultural purposes but the same could not be repaid as per the terms of agreement. An auction notice for a sum of Rs. 5,00,000/- has been issued against the petitioner. This writ petition has been filed with the averment that petitioner is ready and willing to deposit the amount, in case the petitioner is permitted to do so in easy installments.
3. Learned counsel appearing for the respondent Bank submits that a sum of Rs.4,81,988/- is due as on 17.10.2025 against the petitioner and he has no objection if this Court is permitted the petitioner to deposit the amount in installments.
4. Having regard to the fact that 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) The respondent Bank shall provide a fresh schedule for repayment of outstanding amount in twelve equal monthly installments. (ii) The first monthly installment shall be deposited by the petitioner by 30th November, 2025. Versus Counsel for Petitioner(s) : Pankaj Kumar Tyagi Counsel for Respondent(s) : C.S.C., Vivek Kumar Rai Satendra .....Petitioner(s) State Of U.P. And 3 Others .....Respondent(s)
(ii) No other charges, if any, shall be recovered from the petitioner by the respondent authorities/Bank. (iii) During the period of deposit of installments, the recovery proceedings will be kept in abeyance. In case the petitioner defaults in depositing installments within the stipulated period, it will be open for the respondents to start recovery proceedings against the petitioner.
5. With the aforesaid observations/directions, the writ petition stands disposed of. October 30, 2025 Ashok Kr.
WRIC No. 37348 of 2025 2 (Arun Kumar,J.) Digitally signed by :- ASHOK KUMAR High Court of Judicature at Allahabad