Extracted from the PDF above. The PDF is authoritative.
Neutral Citation No. - 2025:AHC:38156
Court No. - 33 Case :- WRIT - C No. - 7672 of 2025 Petitioner :- Santosh Kumar Respondent :- State Of U.P. And 3 Others Counsel for Petitioner :- Santosh Kumar Mishra,Vinay Kumar Mishra Counsel for Respondent :- Ashish Agrawal,C.S.C. Hon'ble Prakash Padia,J.
1. Heard learned counsel for the petitioner, learned Standing Counsel for respondent Nos.1 to 3 and Sri V.S. Pandey, learned counsel for respondent No.4/Bank.
2. It is stated in the writ petition that the petitioner had taken an Agre-Credit Advance loan for agricultural use but the same could not be repaid as per the terms of agreement. A recovery certificate for a sum of Rs. 1,48,151 /- and other expenses had 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 he is permitted to do so in easy installments.
3. Having regard to the fact that the 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. The Bank has also agreed to accept the amount payable. (i) Petitioner shall deposit Rs.50,000/- on or before 30.06.2025 with the respondent-Bank. (ii) In case the amount, as indicated above, is deposited by the period prescribed, the respondent-Bank shall provide a fresh
schedule for re-payment of balance amount, after adjusting the amount already deposited. That amount shall thereafter be deposited in four equal installments in a period of two year. Statement of account shall also be furnished to the petitioner. (iii) No recovery charges shall be recovered from the petitioner by the respondent authorities. (iv) Till the period prescribed for depositing the aforesaid amount and thereafter during the period of deposit of installments, the recovery proceedings will be kept in abeyance. In case the petitioner defaults in depositing the initial amount or thereafter installments within the stipulated period, it will be open for the respondents to start recovery proceedings against the petitioner.
4. With the aforesaid observations/directions, the writ petition stands disposed of. No order as to costs. Order Date :- 18.3.2025 saqlain Digitally signed by :- SYED MOHAMMAD SAQLAIN HAIDER High Court of Judicature at Allahabad