Court No. - 5
Case :- WRIT - C No. - 18723 of 2019 Petitioner :- Gulab Respondent :- State Of U.P. And 2 Others Counsel for Petitioner :- Kamini Pandey (Dubey),Anand Kumar Pandey Counsel for Respondent :- C.S.C.,Sudha Pandey
Hon'ble Ashok Kumar,J.
Heard Smt. Kamini Pandey, learned counsel for the petitioner, Smt. Sudha Pandey, learned counsel for the respondent-Bank and learned Standing Counsel for the respondent no. 1 and 2.
With the consent of the counsels for the parties, the writ petition is disposed of.
The petitioner had taken loan of Rs. 1,75,000/- on 28.10.2010 from the respondent-Bank for agriculture purpose, out of which the petitioner repaid sum of Rs. 1,05,000/- till 18.05.2014.
It is submitted by the counsel for the petitioner that a recovery citation dated 08.08.2018 for sum of Rs. 2,89,387/- plus interest plus collection charges has been issued by the respondent no. 2, a copy of the recovery citation is enclosed as annexure 3.
Learned counsel for the petitioner submits that the petitioner is ready to pay the principal amount plus interest in instalment.
(i). The petitioner will make payment of Rs. 50,000/- of first instalment on or before 30th June, 2019.
(ii). The second instalment of Rs.1,00,000/- will be paid by the petitioner by 14th August, 2019.
(iii). Third instalment of Rs. 1,00,000/- will be paid by the petitioner on or before 15th September, 2019.
After payment of 3rd instalment the respondent Bank will provide complete statement of account to the petitioner within one week. The petitioner thereafter will pay the entire amount so as indicated in the statement of account by 15th October, 2019.
Any default of the aforesaid conditions, the Bank will be free to proceed against the petitioner.
No recovery charges shall be recovered from the petitioner, if the petitioner complies the above conditions.
With the direction above, the writ petition is disposed of. Order Date :- 29.5.2019 SK Srivastava