Extracted from the PDF above. The PDF is authoritative.
Neutral Citation No. - 2025:AHC:75731-DB Court No. - 40 Case :- WRIT - C No. - 12530 of 2025 Petitioner :- Rambali Respondent :- State of U.P. and Another Counsel for Petitioner :- Manoj Pathak Counsel for Respondent :- C.S.C. Hon'ble Shekhar B. Saraf,J. Hon'ble Dr. Yogendra Kumar Srivastava,J.
1. Heard learned counsel appearing on behalf of the petitioner and Sri Sujeet Kumar Rai, who has entered appearance on behalf of the respondent No. 2, the Bank, by filing his Vakalatnama, which is being kept on record.
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 notice dated January, 22, 2025, for a sum of Rs.15,28,155/-, has been issued by respondent no.2 against the petitioner to which challenge has been made in the instant writ petition. However, at the outset, learned counsel 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 four equal monthly installments.
3. Counsel appearing on behalf of the respondent-bank submits that the bank is willing to accept the due amount in easy 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 following order may be passed:-
(i) The initial payment of 25% of the total sum due shall be made by the petitioner within a period of three weeks from date. The balance amount shall be paid by the petitioner in four equal monthly installments starting from July, 2025. (ii) No recovery charges shall be taken from the petitioner by the respondent authorities. (iii) Till the period prescribed for depositing the aforesaid amount, no recovery proceedings shall be initiated against the petitioner and in case already initiated, the same will be kept in abeyance. In case the petitioner defaults in depositing the initial amount or thereafter the installments within the stipulated period, it will be open for the respondents to start recovery proceedings against the petitioner.
5. With the aforesaid directions, the writ petition stands disposed of. Order Date :- 9.5.2025 Arun K. Singh [Dr. Y.K. Srivastava, J.] [Shekhar B. Saraf, J.] Digitally signed by :- ARUN KUMAR SINGH High Court of Judicature at Allahabad