Rahamat Ali v. District Magistrate Bulandshahr and 3 Others
Case brief
What is this about?
The court disposed of a writ petition seeking quashing of recovery proceedings for a bank term loan. It rejected the plea to quash proceedings due to admitted liability but granted liberty to deposit dues in two installments, staying coercive action temporarily.
What did the court decide?
Liberty to deposit outstanding dues with interest in two bimonthly installments; coercive action stayed until default.