Disposed¶12

Sharda Devi v. State of U.P. and 3 Others

Allahabad HC17 Feb 2025WRIC/2402/2025

Case brief

AI extract

What is this about?

Consent disposal of writ petition (WRIT - C No. 2402 of 2025, Sharda Devi v. State of U.P. and 3 others, Neutral Citation 2025:AHC:22882, High Court of Judicature at Allahabad, Vikram D. Chauhan, J., order dated 18.2.2025): bank dues of Rs.7,10,169/- permitted to be paid in seven equal monthly installments of not less than Rs.1,00,000/- each; recovery kept in abeyance on compliance; bank free to recover in accordance with law on default.

What did the court decide?

Consent disposal of the writ petition: petitioner permitted to pay the dues of Rs.7,10,169/- to the respondent-Bank in seven equal monthly installments (each not less than Rs.1,00,000/-) commencing 01.03.2025, with recovery kept in abeyance upon compliance and the bank free to recover in accordance with law upon default. ¶12

Sharda Devi Vs State of U.P. and 3 Others — Allahabad HC (2025) — LawSathi Research

What the court decided

AI extract

Outcome

¶12

Issue for consideration

Whether the petitioner may be permitted to pay the dues of Rs.7,10,169/- owed to the respondent-Bank in easy/equal monthly installments, with recovery held in abeyance, instead of facing immediate recovery.

¶7

Court's answer

Petitioner directed to deposit the amount of Rs.7,10,169/- in seven equal monthly installments, each not less than Rs.1,00,000/-, on or before the 15th day of every month with the bank; the first installment to commence from 01st March, 2025, and the last installment to cover the balance amount with upto-date interest.

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Ratio / Principle

If the installments are deposited as undertaken by the petitioner's counsel, the bank shall keep the recovery in abeyance; in default of any installment, the respondent-bank is at liberty to proceed in accordance with law for recovery of the amount.

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Key takeaways

Petitioner granted liberty to approach the respondent-Bank (this sentence appears truncated in the source text and its full purport is unclear).¶11

Detailed headnote1 paragraphs

Allahabad High Court (Vikram D. Chauhan, J.), by consent, disposed of Writ - C No. 2402 of 2025, Sharda Devi v. State of U.P. and 3 others: on the petitioner's undertaking to pay, the Court directed deposit of Rs.7,10,169/- due to the respondent-Bank in seven equal monthly installments of not less than Rs.1,00,000/- each, payable on or before the 15th day of every month, the first installment commencing 01.03.2025 and the last installment carrying the balance amount with upto-date interest; upon deposit of the installments as undertaken the bank was directed to keep the recovery in abeyance, and in default of any installment the respondent-bank was left at liberty to proceed in accordance with law for recovery.

Sharda Devi v. State of U.P. and 3 Others

Case brief

What is this about?

What did the court decide?

Sharda Devi v. State of U.P. and 3 Others

Case brief

What is this about?

What did the court decide?

Why is it important?

What the court decided

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