Neutral Citation No. - 2025:AHC:113558-DB Court No. - 3 Case :- WRIT - C No. - 22292 of 2025 Petitioner :- M/S Prakash Readdymade Emporium And Another Respondent :- State Of U.P. And 2 Others Counsel for Petitioner :- Ravi Sahu,Sanjay Kumar Rai Counsel for Respondent :- Ashish Agrawal,C.S.C. Hon'ble Shekhar B. Saraf,J. Hon'ble Praveen Kumar Giri,J. 1. Heard learned counsel for the petitioners and Sri G.S. Pandey, learned counsel for the respondent-bank. 2. At the outset, learned counsel appearing on behalf of the petitioners states that the petitioners are ready and willing to deposit the amount due against them, in case they are permitted to do so in easy installments. 3. Learned counsel appearing on behalf of the Bank, on instructions, submits that the total amount due against the petitioners is Rs. 50,10,041.70/- as on 17.09.2024. He, however, states that the Bank is ready to accept the amount due. 4. Having regard to the fact that the petitioners have offered to pay the entire amount due against them and the Bank has agreed to accept the amount, in our view, ends of justice require that the petitioners be granted an opportunity to deposit the entire outstanding amount due against them in the following manner:- (i) The initial payment of 25% of the total outstanding amount shall be made by the petitioners within a period of three weeks from date. Upon receipt of the aforesaid amount, the Bank shall provide the balance amount payable by the petitioners and the same amount shall be paid to the Bank in three equal monthly installments starting from September, 2025. 5 Till the period prescribed for depositing the aforesaid amount, the recovery proceedings against the petitioners will be kept in abeyance. In case the petitioners default 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 petitioners. 6. With the aforesaid directions, the writ petition stands disposed of. Order Date :- 15.7.2025 K.K. Maurya (Praveen Kumar Giri, J.) (Shekhar B. Saraf, J.) Digitally signed by :- KAMLESH KUMAR MAURYA High Court of Judicature at Allahabad