Allahabad High Court

WRIC/35101/2026 of KAILASH CHANDRA CHAUDHARY Vs STATE OF U.P. AND 3 OTHERS on 16 September 2026

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JUDICATURE AT ALLAHABAD WRIT - C No. - 35101 of 2026 Court No. - 5 HON'BLE PRAKASH PADIA, J. HON'BLE VIVEK SARAN, J. 1. Heard Sri Ravindra Prakash Srivastava, learned counsel for the petitioner, Sri Ravindra Kumar Srivastava, learned counsel for the respondent - Bank and learned Standing Counsel

HIGH COURT OF JUDICATURE AT ALLAHABAD

WRIT - C No. - 35101 of 2026

Court No. - 5

HON'BLE PRAKASH PADIA, J.

HON'BLE VIVEK SARAN, J.

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1. Heard Sri Ravindra Prakash Srivastava, learned counsel for the petitioner, Sri Ravindra Kumar Srivastava, learned counsel for the respondent - Bank and learned Standing Counsel for the State- respondents.

2. Pursuant to order dated 03.09.2026 an affidavit has been filed by learned counsel for the petitioner today in the Court. The same is taken on record.

3. It is stated in paragraph-4 of the aforesaid affidavit that a sum of Rs. 1,50,000/- has already been deposited by the petitioner on 16.09.2026 with the respondent no. 4, namely, Union Bank of India.

4. The recovery citation has been issued on 24.07.2026 by the respondent no. 3, copy of which is appended as Annexure-3 to the writ petition. By the aforesaid recovery certificate the petitioner was directed to deposit a sum of Rs. 6,65,500/-.

5. It is argued by the learned counsel for the petitioner that he is ready and willing to make the entire payment but some breathing time be granted, which has not been opposed by the learned counsel for the respondent - Bank.

6. In this view of the matter, the writ petition is disposed of with the consent of the parties on the following terms: Versus Counsel for Petitioner(s) : Ravindra Prakash Srivastava Counsel for Respondent(s) : Ravindra Kumar Srivastava, Ashish Agrawal, C.S.C. Kailash Chandra Chaudhary .....Petitioner(s) State Of U.P. And 3 Others .....Respondent(s)

(i) The respondent no. 4 shall provide a fresh statement of account to the petitioner after deducting the amount so deposited by the petitioner.

(ii) If it is so, the petitioner will deposit the remaining amount with the respondent no. 4 in three equal quarterly installments started w.e.f. 01.01.2027. The last installment would be deposited with balance amount and upto date interest.

(iii) No recovery charges shall be recovered from the petitioner by the respondent authorities.

(iv) Till the period prescribed for depositing the aforesaid amount and thereafter during the period of deposit of installments, no coercive action shall be taken against the petitioner and once the petitioner deposits the amount, as directed above, the Bank shall proceed to withdraw the recovery proceedings initiated against the petitioner.

(v) In case, the petitioner defaults in depositing the initial amount or thereafter installments within the stipulated period, it will be open for the respondents to start recovery proceedings against the petitioner. September 17, 2026 gp WRIC No. 35101 of 2026 2 (Vivek Saran,J.) (Prakash Padia,J.) Digitally signed by :- GANESH PRAKASH High Court of Judicature at Allahabad

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