Mohd Ahamad vs State of Up and 3 Others

Neutral Citation No. - 2024:AHC:185691

Court No. - 33

Case :- WRIT - C No. - 39311 of 2024 Petitioner :- Mohd Ahamad Respondent :- State Of Up And 3 Others Counsel for Petitioner :- Birendra Kumar Arya Counsel for Respondent :- C.S.C.,Satish Chaturvedi

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Hon'ble Vikram D. Chauhan,J.

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It has been submitted by learned counsel for the respondentBank that an amount of Rs. 17,01,446/- as on 26.11.2024 is due against the petitioner.

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Learned counsel for the petitioner at this stage has submitted that he is ready to deposit the aforesaid amount in easy installments.

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Sri Satish Chaturvedi, learned counsel for the respondent-Bank has no objection to the aforesaid proposal of learned counsel for the petitioner.

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In view of the aforesaid statement made by learned counsel for the petitioner, it is hereby directed that the petitioner shall deposit the aforesaid amount in eight equal monthly installments and the each installment shall not be less than Rs. 2,00,000/-. The installment shall be deposited on or before 15th day of every month with the bank. The first installment would start from 1st December, 2024. The last installment would be deposited with balance amount and upto date interest.

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In the event, the installment is deposited as undertaken by learned counsel for the petitioner, the bank shall keep the recovery in abeyance. In default of payment of any installment, the respondent-bank would be at liberty to proceed in accordance with law for recovery of the amount.

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The petitioner would be at liberty to approach the respondentBank.

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The writ petition stands disposed of accordingly.

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Order Date :- 27.11.2024 VMA

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Digitally signed by :- VISHWA MOHAN ARORA High Court of Judicature at Allahabad

Mohd Ahamad v. State of Up and 3 Others

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Mohd Ahamad v. State of Up and 3 Others

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