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2025 DAILYLAW 197444 (ALL)

NARENDRA PRASAD v. U.P. SAHKARI GRAM VIKAS BANK LTD. LKO. AND 2 OTHERS

/11694/2025 · 2025-12-08

Subhash Vidyarthi

body2025

Judgment text

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HIGH COURT OF JUDICATURE AT ALLAHABAD LUCKNOW WRIT - C No. - 11694 of 2025 Court No. - 17 HON'BLE SUBHASH VIDYARTHI, J. 1. Heard Shri Ram Raj Ojha, the learned counsel for the petitioner, Ms. Seema Dixit, the learned Standing Counsel for the State of U.P. and Shri Vinod Kumar Singh, the learned counsel for the respondent-bank. 2. By means of the instant petition, the petitioner has sought issuance of a direction for providing a statement of loan account No.79142 in U.P. Sahkari Gram Vikas Bank Pvt. Ltd. 3. Learned counsel for the petitioner has submitted that the petitioner has taken Rs.90,000/- from U.P. Sahkari Gram Vikas Bank in the year 2011. The petitioner has paid an amount of Rs.86,000/- but he became defaulter in repayment of loan due to financial constraints. The learned counsel for the petitioner has submitted that the petitioner is ready and willing to settle the loan account but he can do so only if he is provided the facility for making the repayment in easy installments. 4. The learned counsel for the respondent-bank has submitted that presently, the amount payable by the petitioner is Rs.4,59,176/-. He has submitted that the bank would be agreeable to receive the amount in installments. 5. Accordingly, the petition is disposed off by observing that the Versus Counsel for Petitioner(s) : Ram Raj Ojha Counsel for Respondent(s) : Vinod Kumar Singh, C.S.C. Narendra Prasad .....Petitioner(s) U.P. Sahkari Gram Vikas Bank Ltd. Lko. And 2 Others .....Respondent(s) petitioner shall deposit a sum of Rs.1,00,000/- within 30 days from today. Upon the aforesaid amount being deposited by the petitioner, he shall be given a schedule of payment for repayment of the entire balance amount with interest in five more quarterly installments. 6. In case the petitioner keeps on depositing the amount, no recovery proceedings shall be pressed against him. In case the petitioner commits any default in repayment of the loan amount, the respondents will be free to recover the amount from the petitioner. December 8, 2025 -Amit K- WRIC No. 11694 of 2025 2 (Subhash Vidyarthi,J.) Digitally signed by :- AMIT KUMAR High Court of Judicature at Allahabad, Lucknow Bench