Neutral Citation No. - 2025:AHC:130823-DB Court No. - 3 Case :- WRIT - C No. - 24310 of 2025 Petitioner :- Bobby And Another Respondent :- M/S Punjab National Bank, Branch Lohia Mandi And Another Counsel for Petitioner :- Ashok Kumar Dwivedi Counsel for Respondent :- Dharmendra Vaish Hon'ble Shekhar B. Saraf,J. Hon'ble Prashant Kumar,J. 1. Heard learned counsel appearing on behalf of the petitioners and the learned counsel appearing on behalf of the respondent Bank. 2. Counsel on behalf of the petitioners has stated that the petitioners had taken loan but the same could not be repaid as per the terms of the agreement. Learned counsel appearing for 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. Counsel appearing on behalf of the respondent Bank submits that there are two loan accounts under which the loan has been taken by the petitioners and as on August 1, 2025 a cumulative sum of Rs.39,72,335/- is due to the petitioners in both the accounts. He further submits that the Bank is ready to accept the aforementioned amount if the petitioners deposit the same in monthly 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 appropriate direction should be issued. 5. Accordingly, we direct that the initial payment of 25% of the aforementioned due amount shall be made by the petitioners within a period of three weeks from date. On initial payment being made, the respondent Bank shall provide the statement of account to the petitioners forthwith. Thereafter, the balance amount shall be paid by the petitioners in three equal monthly installments starting from September, 2025. 6. Till the period prescribed for depositing the aforesaid amount, the recovery proceedings against the petitioners will be kept in abeyance. However, we make it clear that in case the petitioners default in depositing the initial amount or thereafter the installments within the stipulated period, it will be open for the respondent Bank to proceed against the petitioners in accordance with law. 7. With the aforesaid directions, the writ petition is disposed of. Order Date :- 4.8.2025 Kuldeep (Prashant Kumar, J.) (Shekhar B. Saraf, J.) Digitally signed by :- KULDEEP SINGH High Court of Judicature at Allahabad