A writ petition regarding bank loan repayment was disposed of with liberty to the petitioner to approach the bank for installment consideration, which the bank undertook to consider sympathetically.
Petition disposed; liberty granted to petitioner to approach bank for installment plan which bank will consider.
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Court No. - 34 Case :- WRIT - C No. - 714 of 2023 Petitioner :- Shyamsundar Mishra Respondent :- State of U.P. and Another Counsel for Petitioner :- Brijesh Kumar Mishra Counsel for Respondent :- C.S.C.,Parshuram Chaubey
Hon'ble Saurabh Shyam Shamshery,J.
Heard Sri Brijesh Kumar Mishra, learned counsel for petitioner and Sri Parshuram Chaubey, learned counsel appearing for bank.
Petitioner before this Court has not denied the bank loan amount and he has approached this Court with prayer that repayment of loan amount be accepted in easy installments. However, admittedly, petitioner has not approached the bank before approaching this Court.
Learned counsel for the bank fairly submits that in case the petitioner approaches the Bank and prays for repayment of entire amount of loan in easy installments, same will be considered in established procedure of law.
Considering the aforesaid submissions as well as fair statement made by learned counsel for the bank, this writ petition is disposed of with liberty to the petitioner to approach the bank with the prayer raised in this petition, which will be sympathetically considered by the bank. Order Date :- 7.2.2023 P. Pandey
Digitally signed by :- PUSHPENDRA PANDEY High Court of Judicature at Allahabad
1 issue framed by the court
Whether a bank dispute pending before the Court can be settled by agreeing to an easy installment plan subject to prior approach to the bank.
Shyamsundar Mishra
State of U.P.
Saurabh Shyam Shamshery
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
