In pursuance to the order dated 24.03.2014, passed by this Court, Sri Anil Kumar, Branch Manager, K.V. Branch, State Bank of India, District Sitapur, is present.
Sri Sudeep Seth, learned counsel appearing for the Bank, on the basis of instructions, submitted that pursuant to the order passed by the Presiding Officer, Mega Lok Adalat, Sitapur, dated 23.11.2013, the petitioner was required to pay an amount of Rs.55,000/- against Rs.99,400/-. It appears that the petitioner does not want to close the aforesaid account and wants to continue with the same under the scheme of K.C.C. agriculture loan therefore, on 29.11.2013 he deposited Rs.50,000/- and subsequently on 30.11.2013 he deposited Rs.49,800/- with the Bank and he is still operating the said account. Thus, as on 28.03.2014, an amount of Rs.43,785/- is outstanding against him.
Learned counsel for the Bank further submits that if the petitioner wants to close the aforesaid account under K.C.C. scheme. The same can be done only, if he deposits the entire outstanding amount against him and thereafter, he will be issued 'no objection certificate' by the Bank.
Learned counsel for petitioner prays for and is granted a week's time to seek instructions in the matter.
List this case on 07.04.2014.
Sri Anil Kumar, Branch Manager, K.V. Branch, State Bank of India, Sitapur, need not appear, in person, on future dates of hearing unless specifically called for.
Order Date :- 28.3.2014 Vijay