Gunjan Kumar v. Authorized Officer, Bank of Baroda and Another

Court No. - 3 Case :- WRIT - C No. - 32279 of 2023 Petitioner :- Gunjan Kumar Respondent :- Authorized Officer, Bank Of Baroda And Another Counsel for Petitioner :- Dinesh Kumar Singh Counsel for Respondent :- Anadi Krishna Narayana Hon'ble Siddhartha Varma,J. Hon'ble Manoj Bajaj,J. Learned counsel for the petitioner submits that as per the demand notice dated 21.8.2023, the amount due to the bank was Rs.33,81,678.80/- + interest and other expenses. Learned counsel for the petitioners further states that as per the order dated 21.9.2023 passed by this Court, the petitioner had deposited the Rs.10 lacs as was directed. He submits that the auction which was to take place on 28.10.2023 had also not taken place and further no date for auction had been fixed. Learned counsel for petitioner, therefore, states that if the bank is agreeable, the petitioner was ready to pay the remaining amount in installments. Sri Manish Mehrotra, learned counsel for respondent bank does not dispute the above stand of the petitioner and he submits that the bank was ready to negotiate the matter with regard to the payment of the balance amount in installments. Under such circumstances, no interference is being made by this Court. The petitioner may approach the bank and may negotiate the matter with regard to the payment of the remaining amount in easy installments. With these observations, the writ petition is disposed of. Order Date :- 30.10.2023 P.S.Parihar High Court of Judicature at Allahabad