Ravi Kumar Alias Ravi Singh v. State of U.P. and 2 Others
Case brief
What is this about?
WRIT - C No. 4211 of 2025, High Court of Judicature at Allahabad, decided 14.2.2025 (Vikram D. Chauhan, J.). Writ petition against Bank recovery/auction proceedings (auction fixed 25.2.2025; dues Rs.4,04,690/- as on 31.1.2025) disposed of on payment terms: Rs.2,00,000/- upfront deposit by 25.2.2025 plus six monthly installments of at least Rs.30,000/- each by the 15th of every month; auction may be adjourned on deposit; Bank free to proceed per law on default. Keywords: bank dues, auction adjournment, installment payment, recovery, writ disposed.
What did the court decide?
Writ petition disposed of with directions: petitioner to deposit Rs.2,00,000/- before 25th February, 2025 and the balance Bank dues in six equal monthly installments of not less than Rs.30,000/- each, on or before the 15th day of every month, the last installment to include the balance amount with up-to-date interest; auction may be adjourned upon timely deposit; on default of any installment the Bank may proceed in accordance with law for recovery.