Court No. - 49
Case :- WRIT - C No. - 19271 of 2019 Petitioner :- Kushal Pal Singh Respondent :- State Of U.P. And 2 Others Counsel for Petitioner :- Jitendra Kumar Yadav Counsel for Respondent :- C.S.C.,Krishna Mohan Asthana
Hon'ble Ajit Kumar,J.
Learned counsel for the petitioner at the very outset submits that he wants to pay outstanding dues of the bank in respect of which recovery citation has been issued by Tehsil authorities on 30.11.2018 for a sum of Rs.10,16,010 along with interest.
Sri V.K. Naraya, learned Advocate, holding brief of Sri Krishna Mohan Asthana, learned counsel for the bank does not have any objection in case if some installment is facilitated in favour of the petitioner for the payment of dues.
In view of the consent being accorded by the bank the writ petition is disposed of with a direction that no coercive measures shall be taken against the petitioner pursuant to recovery citation dated 30.11.2018 provided:-
(A). The petitioner shall pay Rs.2,00,000/- by 30th June, 2019. On payment of the first installment the bank shall supply the statement of account of outstanding dues along with interest payable within two weeks thereafter.
(B). The rest amount shall be paid including the amount of the interest to be paid by the petitioner in the next 4 bimonthly installments.
No recovery charges shall be realized from the petitioner in respect of the recovery notification issued.
It is, however, made clear that in the event of default of either of the directions contained hereinabove, the protection granted under this order shall ceased to exist and bank shall at liberty to proceed in accordance with law to recover the amount.
Order Date :- 30.5.2019 Nadeem Ahmad