Disposed
Vaibhav Gupta v. State of U.P. and 2 Others
Allahabad HCWRIC/33243/2022
Case brief
AI extract
What is this about?
In a writ petition regarding banking dues, the High Court directed the bank to cease coercive action if the petitioner deposits 25% of outstanding dues within one month. The remaining dues must be paid in three bi-monthly installments over six months; default allows the bank to proceed legally.
What did the court decide?
No coercive action to be taken subject to 25% deposit within one month followed by payment of remaining dues in three bi-monthly installments over six months.