Disposed
Virendra Singh v. State of U.P. and 3 Others
Allahabad HCWRIC/26827/2019
Case brief
AI extract
What is this about?
The High Court disposed of the writ petition regarding recovery proceedings for a bank loan default. On consent, the order stayed the proceedings pending payment of 25% of the amount within a month and the balance in four quarterly instalments.
What did the court decide?
Recovery proceedings stayed for payment of 25% amount within one month and balance in four quarterly instalments; forthwith recovery upon default.