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Neutral Citation No. - 2025:AHC:80162 Court No. - 33 Case :- WRIT - C No. - 15235 of 2025 Petitioner :- Hanmat Lal Respondent :- State Of U.P. And 2 Others Counsel for Petitioner :- Santosh Kumar Singh Counsel for Respondent :- C.S.C.,Sanjai Singh Hon'ble Prakash Padia,J.
1. Heard learned counsel for the petitioner, learned Standing Counsel for respondent Nos.1 & 3 and Sri Sanjai Singh, learned counsel for respondent No.2/Bank. 2. The present writ petition has been filed with the prayer to quash the recovery notice issued by the respondent no.2./Bank. 3. It is stated 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. Thereafter recovery certificate had been issued against the petitioner. 4. Sri Sanjai Singh, learned counsel for respondent No.2/Bank placed Instructions dated 08.05.2025 before the Court, the same is taken on record. According to the aforesaid Instructions that as on 08.05.2025, the outstanding amount upon the petitioner is that in Account No.94208800019018 is Rs.1,47,406.29/- and in Account 9420A100012754 is Rs.3,400,93.40/- total amount is Rs.4,87,499.69 + Interest + Charges. 5. It is argued by learned counsel for the petitioner that petitioner is ready and willing to deposit the amount, in case he is permitted to do so in easy installments. 6. 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.1,00,000/- on or before 31.07.2025 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 five quarterly equal installments. 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. 7. With the aforesaid observations/directions, the writ petition stands disposed of. No order as to costs. Order Date :- 15.5.2025 saqlain Digitally signed by :- SYED MOHAMMAD SAQLAIN HAIDER High Court of Judicature at Allahabad Digitally signed by :- SYED MOHAMMAD SAQLAIN HAIDER High Court of Judicature at Allahabad