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2025 DAILYLAW 175907 (ALL)

RAJ KUMAR v. U.O.I. THRU. SECY. OF FINANCE SERVICES MINISTRY OF FINANCE NEW DELHI AND 2 OTHERS

WRIC/10291/2025 · 2025-11-03

Prashant Kumar, Shekhar B Saraf

body2025

Judgment text

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HIGH COURT OF JUDICATURE AT ALLAHABAD LUCKNOW WRIT - C No. - 10291 of 2025 Court No. - 3 HON'BLE SHEKHAR B. SARAF, J. HON'BLE PRASHANT KUMAR, J. 1. Heard learned counsel appearing on behalf of the petitioner, learned Standing Counsel appearing on behalf of the State respondent and Shri Avdhesh Shukla, learned counsel appearing on behalf of the respondent Bank. 2. Counsel on behalf of the petitioner has stated that the petitioner had taken loan but the same could not be repaid as per the terms of the agreement. A citation dated 08.09.2025 has been issued by the respondents to which challenge has been made in the instant writ petition. Learned counsel appearing for the petitioner states that the petitioner is ready and willing to deposit the amount due against him in case he is permitted to do so in easy installments. 3. Counsel appearing on behalf of the respondent Bank submits that the Bank is ready to accept the amount, which is due as on 16.10.2025/- i.e. Rs.20,59,008/-, if the petitioner deposits the same in monthly installments. 4. Upon hearing the counsel appearing on behalf of the parties and after considering the material on record, we are of the view that the appropriate direction should be issued. Versus Counsel for Petitioner(s) : Dilip Kumar Pandey, Akhilesh Kumar Counsel for Respondent(s) : A.S.G.I., Arvind Kumar, Avdhesh Shukla Raj Kumar .....Petitioner(s) U.O.I. Thru. Secy. Of Finance Services Ministry Of Finance New Delhi And 2 Others .....Respondent(s) 5. Accordingly, we direct that the initial payment of 25% of the aforementioned due amount shall be made by the petitioner within a period of four weeks from date. On initial payment being made, the respondent Bank shall provide the statement of account to the petitioner forthwith. Thereafter, the balance amount shall be paid by the petitioner in four equal monthly installments starting from January, 2026. 6. Till the period prescribed for depositing the aforesaid amount, the sale notice against the petitioner will be kept in abeyance. However, we make it clear that in case the petitioner defaults in depositing the initial amount or thereafter the installments within the stipulated period, it will be open for the respondent Bank to proceed against the petitioner in accordance with law. 7. With the aforesaid directions, the writ petition is disposed of. November 3, 2025 Arjun/- WRIC No. 10291 of 2025 2 (Prashant Kumar,J.) (Shekhar B. Saraf,J.) Digitally signed by :- ARJUN PRASAD High Court of Judicature at Allahabad, Lucknow Bench