Ali Hasan v. State of U.P. and 3 Others
Case brief
What is this about?
The High Court granted conditional relief in a cheque dishonour case. The Court directed the petitioner to deposit a quarter of the outstanding loan amount within two months. Upon compliance, the bank must provide a fresh repayment schedule in four quarterly installments. Recovery charges are waived, and recovery proceedings are put on hold subject to compliance.
What did the court decide?
Petitioner directed to deposit 1/4th of amount within two months; on compliance, respondent to provide repayment schedule in four quarterly installments; recovery charges waived; recovery proceedings