ANANT KUMAR AND 2 OTHERS v. STATE OF U.P. THRU . DISTRICT MAGISTRATE SULTANPUR AND ANOTHER
WRIC/8855/2025 · 2025-09-17
Pankaj Bhatia
body2025
DailyLaw.ai
[ 2025 DAILYLAW 194932 (ALL) · dailylaw.ai ]
DailyLaw.ai
[ 2025 DAILYLAW 194932 (ALL) · dailylaw.ai ]
Judgment text
Extracted from the PDF above. The PDF is authoritative.
HIGH COURT OF JUDICATURE AT ALLAHABAD LUCKNOW WRIT - C No. - 8855 of 2025 Court No. - 6 HON'BLE PANKAJ BHATIA, J.
1. The present petition has been filed by the petitioner challenging the action of the respondent's bank in intending to recover the dues through the recovery certificate.
2. Learned counsel for the respondents, based on the instructions, states that an amount of Rs.6,82,172/- is due and payable by the petitioner as on
30.09.2025.
3. The petitioner is ready and willing to pay the amount in easy installments.
4. In view of the above, it is directed that the recovery proceedings against the petitioner shall not be initiated, subject to the petitioner depositing an initial amount of Rs. 82,000/- on or before November 30, 2025. The balance amount of approximately Rs. 6,00,000/- shall be paid by the petitioner in six quarterly installments of Rs. 1,00,000/- each. The first installment shall be payable on or before March 1, 2026, the second on or before June 1, 2026, the third on or before September 1, 2026, the fourth on or before December 1, 2026, the fifth on or before March 1, 2027, and the final installment on or before June 1, 2027, which shall also include any overdue interest.
5. In the event of failure to pay of any installment, the respondent-Bank would be at liberty to recover the amount in accordance with law.
6. It is further directed that in case, any beneficiary scheme is launched by the Bank, the petitioner would be entitled to get the benefit of the said Versus Counsel for Petitioner(s) : Vinod Kumar Tiwari, Kaushal Kumar Counsel for Respondent(s) : C.S.C., Akber Ahmad Anant Kumar And 2 Others .....Petitioner(s) State Of U.P. Thru . District Magistrate Sultanpur And Another .....Respondent(s)
scheme.
7. It is further provided that in case, the installments are paid as directed above, no recovery charges shall be fixed.
8. The writ petition stands disposed of with the above terms. September 17, 2025 Haseen U.
WRIC No. 8855 of 2025 2 (Pankaj Bhatia,J.) Digitally signed by :- HASEENUDDIN High Court of Judicature at Allahabad, Lucknow Bench