UDAL SINGH ALIAS OODAL SINGH v. CHIEF MANAGER, PRATHMA U.P. GRAMIN BANK AND ANOTHER
WRIC/16470/2025 · 2025-05-21
Prakash Padia
body2025
DailyLaw.ai
[ 2025 DAILYLAW 61713 (ALL) · dailylaw.ai ]
DailyLaw.ai
[ 2025 DAILYLAW 61713 (ALL) · dailylaw.ai ]
Judgment text
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Neutral Citation No. - 2025:AHC:86862 Court No. - 33 Case :- WRIT - C No. - 16470 of 2025 Petitioner :- Udal Singh Alias Oodal Singh Respondent :- Chief Manager, Prathma U.P. Gramin Bank And Another Counsel for Petitioner :- Arvind Kumar Srivastava,Atul Kumar Srivastava Counsel for Respondent :- Sanjai Singh Hon'ble Prakash Padia,J.
1. Heard learned counsel for the petitioner and Sri Sanjai Singh
learned counsel for respondent/Bank.
2. The recovery certificate datd 20.03.2025 issued by the respondent No.1/Chief Manger Prathma U.P. Gramin Ban Ram Ganga Vihar Phase IInd District Moradabad is under challenge.
3. It is stated that the petitioner had taken loan but the same could not be repaid as per the terms of agreement. A recovery certificate 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.
4. It is argued by learned counsel for the respondent-Bank that as on 14.05.2025, total outstanding amount is Rs1,74,041/-.
5. 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 before31.07.2025
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 four equal quarterly 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.
6. With the aforesaid observations/directions, the writ petition stands disposed of. No order as to costs.
Order Date :- 22.5.2025 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