M/S Manju Brick Field (Proprietorship Firm) Thru. Its Proprietor Sri Vimlendra Kumar Singh v. State of U.P. Thru. Prin. Secy. Revenue Lko. and 2 Others
Case brief
What is this about?
Allahabad High Court, Lucknow Bench, Division Bench (Vivek Chaudhary, J. and Om Prakash Shukla, J.); Neutral Citation 2024:AHC-LKO:2523-DB; WRIT - C No. 64 of 2024; decided 10.1.2024. Petitioner M/S Manju Brick Field (proprietor Vimlendra Kumar Singh), represented by Mahesh Kumar, challenged a sale notice dated 30.11.2023 and possession notice dated 05.10.2023 issued by respondent no.3. Respondent Bank (through Gopal Kumar Srivastava) stated Rs.31,77,050/- due on the loan; State represented by C.S.C. By consent, petitioner allowed to deposit Rs.8,00,000/- within one month and balance in four equal installments within a year, interest with last installment, prior deposits adjusted; impugned notices stayed subject to payment; default of first installment or two consecutive defaults permits action in accordance with law; writ petition disposed of.
What did the court decide?
Stay of the sale notice dated 30.11.2023 and possession notice dated 05.10.2023, subject to the petitioner depositing Rs.8,00,000/- with the respondent Bank within one month and paying the rest in four equal installments within a year (interest with the last installment), with amounts already deposited taken into consideration; on default of the first installment or two consecutive defaults, respondents free to act in accordance with law.