Tota Ram v. State of U.P. and 2 Others
Case brief
What is this about?
Tota Ram v. State Of U.P. And 2 Others; WRIT - C No. - 1952 of 2025; Neutral Citation 2025:AHC:11164; decided 22.1.2025 by Hon'ble Vikram D. Chauhan, J., High Court of Judicature at Allahabad. Bank dues of Rs. 11,56,713/- (as on 21.1.2025) allowed to be paid in eleven equal monthly installments of not less than Rs. 1,00,000/- each by the 15th of every month from 01.02.2025; recovery kept in abeyance on compliance; default entitles bank to recover in accordance with law; writ petition disposed of.
What did the court decide?
Petitioner permitted to deposit the dues of Rs. 11,56,713/- in eleven equal monthly installments of not less than Rs. 1,00,000/- each, on or before the 15th day of every month commencing 01.02.2025, with the last installment carrying the balance amount and up-to-date interest; recovery to remain in abeyance upon compliance, failing which the bank may proceed in accordance with law.