Smt Rekha Devi v. State of U.P. and 2 Others
Case brief
What is this about?
WRIT - C No. 3268 of 2025; Neutral Citation 2025:AHC:16691; High Court of Judicature at Allahabad; Hon'ble Vikram D. Chauhan, J.; Smt Rekha Devi v. State of U.P. and 2 Others; bank dues recovery; ten equal monthly installments; minimum installment Rs. 25,000/-; total dues Rs. 5,38,500/- as on 31.01.2025; recovery kept in abeyance; default liberty to bank; counsel Kamal Nayan Tripathi for petitioner, C.S.C. and Manoj Nigam for respondents; order dated 5.2.2025.
What did the court decide?
Petitioner permitted to deposit Rs. 5,38,500/- in ten equal monthly installments (each not less than Rs. 25,000/-) on or before the 15th day of every month, first installment from 01st February, 2024 as printed, last installment with balance amount and up-to-date interest; recovery to remain in abeyance on compliance, and on default the respondent-bank may proceed in accordance with law.