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2025 DAILYLAW 202683 (ALL)

JAGATNARAYAN v. STATE OF U.P. THRU. DISTT. COLLECTOR/DISTT. MAGISTRATE AND 2 OTHERS

WRIC/10121/2025 · 2025-10-28

Subhash Vidyarthi

body2025

Judgment text

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HIGH COURT OF JUDICATURE AT ALLAHABAD LUCKNOW WRIT - C No. - 10121 of 2025 Court No. - 17 HON'BLE SUBHASH VIDYARTHI, J. 1. Heard Sri Awadhesh Kumar Srivastava, the learned counsel for the petitioner, Sri S.K. Khare, the learned Standing Counsel for the State of U.P. and Sri Vinod Kumar Singh, the learned counsel for opposite party no. 3-U.P. Sahkari Gram Vikas Bank Ltd. 2. By means of the instant writ petition, the petitioner has challenged validity of a recovery notice dated 04.09.2025 but the learned counsel for the petitioner has confined his submissions for granting facility of repaying the loan amount in easy installments. 3. The learned counsel for the opposite parties have no objection against the aforesaid limited submissions of the learned counsel for the petitioner. 4. Accordingly, it is provided that the petitioner may deposit Rs. 50,000/- within a period of two weeks from today and he shall continue to deposit the balance amount in installments of Rs. 50,000/- per quarter i.e. within first week of every 3rd month. The last installment shall ensure repayment of the entire loan amount along with interest. In case, the petitioner continues to make the deposit as aforesaid, the recovery proceedings against him shall be kept in abeyance and in case the petitioner fails to deposit any installment, the benefit of this order shall not be made available to him. Versus Counsel for Petitioner(s) : Awadhesh Kumar Srivastava, Shohit Singh Counsel for Respondent(s) : C.S.C., Vinod Kumar Singh Jagatnarayan .....Petitioner(s) State Of U.P. Thru. Distt. Collector/Distt. Magistrate And 2 Others .....Respondent(s) 5. With the aforesaid observation, the writ petition is disposed of. October 28, 2025 Pradeep/- WRIC No. 10121 of 2025 2 (Subhash Vidyarthi,J.) Digitally signed by :- PRADEEP SINGH High Court of Judicature at Allahabad, Lucknow Bench