Siya Ram v. State of U.P. and 3 Others
Case brief
What is this about?
A writ petitioner facing recovery proceedings for an unpaid bank loan agreed to deposit the amount in six-monthly installments. The court stayed recovery, ordered release of attached agricultural land/tractor, and deferred determination of collection charges.
What did the court decide?
Petitioner permitted to repay loan in 8 six-monthly installments; recovery proceedings stayed; attached agricultural land/tractor to be released on first installment; collection charges decision defer