Prashant Bilgaiyan Registrar J Criminal, Shekhar B Saraf
body2025
DailyLaw.ai
[ 2025 DAILYLAW 91224 (ALL) · dailylaw.ai ]
DailyLaw.ai
[ 2025 DAILYLAW 91224 (ALL) · dailylaw.ai ]
Judgment text
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HIGH COURT OF JUDICATURE AT ALLAHABAD WRIT - C No. - 31449 of 2025 Court No. - 3
HON'BLE SHEKHAR B. SARAF, J.
HON'BLE PRAVEEN KUMAR GIRI, J.
1. Heard learned counsel appearing on behalf of the petitioner, learned counsel appearing on behalf of the Union of India and the learned counsel appearing on behalf of the respondent No.2 to 4/Bank.
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. He has further stated that the petitioner is ready and willing to deposit the amount due against her in case she is permitted to do so in easy installments.
3. Counsel appearing on behalf of the respondent Bank submits that the Bank is ready to accept the amount, which is due as on June 26, 2025, i.e. Rs.8,43,253/- plus interest, if the petitioner deposits 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 directions should be issued.
5. Accordingly, we direct that the Bank shall unfreeze the account of the petitioner after deducting 25% of the sum indicated above. Thereafter, the balance amount shall be indicated by the Bank to the petitioner and the same shall be paid by the petitioner in six equal monthly installments starting from January, 2026.
6. Till the period prescribed for depositing the aforesaid amount, the recovery proceedings against the petitioner will be kept in abeyance. However, we make it clear that in case the petitioner defaults in Versus Counsel for Petitioner(s) : Arvind Kumar Srivastava, Bhaju Ram Prasad Sharma Counsel for Respondent(s) : A.S.G.I., Satish Chaturvedi, Vivek Mishra Girija Devi .....Petitioner(s) Union Of India And 3 Others .....Respondent(s)
depositing the installments within the stipulated period, it will be open for the respondent Bank to proceed against the petitioner in accordance with law.
7. With the aforesaid directions, the writ petition is disposed of. September 17, 2025 Rakesh WRIC No. 31449 of 2025 2 (Praveen Kumar Giri,J.) (Shekhar B. Saraf,J.) Digitally signed by :- RAKESH MEHTA High Court of Judicature at Allahabad