Mohammad Tahir Husain v. Uco Bank Zonal Office Lko. Thru. Manager and Another
Case brief
What is this about?
Gold-loan recovery/auction dispute: writ petition (certiorari and mandamus) by borrower Mohammad Tahir Husain against opposite party no. 2 Bank's recovery notice / Auction Sale notice dated 01.09.2025 (Refefence No. MUNSHI/2025-26/01) on Loan Account number 34800610001028 of Rs. 7,08,000 with interest @ 8.20% per month; petitioner seeks quashing of the notice, acceptance of the loan in easy instalments with a Court-fixed interest rebate, and stay of the auction fixed for 22.09.2025; gold ornaments of the petitioner's wife (203.290 grams) mortgaged; loan taken 04.06.2025; Court adjourned the matter to 22.09.2025 as first case on the board after the Bank's counsel sought instructions. Keywords: gold loan, auction sale notice, recovery notice, certiorari, mandamus, instalments, interest rebate, UCO Bank Zonal Office Lucknow, Writ-C.
What did the court decide?
No substantive or interim relief granted on 19.09.2025; after hearing counsel, the Bank's counsel prayed for time to seek instructions and the matter was listed for 22.09.2025 as first case on the board.