- Court
- High Court of Judicature at Allahabad
- Decided
- 11 October 2023
- Bench
- Vivek Chaudhary, Manish Kumar
- Case no.
- WRIC 8789/2023
Judgment
Court No. -3 Case :-WRIT -C No. -8789 of 2023 Petitioner :-Salim Ahmad @ Salim Respondent :-District Magistrate District Sitapur And 2 Others Counsel for Petitioner :-Akhil Bajpai,Ambrish Kumar Dwivedi,Madima Trivedi Counsel for Respondent :-C.S.C.,Vinod Kumar Singh Hon'ble Vivek Chaudhary,J. Hon'ble Manish Kumar,J. Heard learned counsel for the petitioner, Shri Vinod Kumar Singh, learned counsel for respondent -Bank and perused the record. Petitioner has approached this Court challenging the impugned attachment order dated 19/09/2023 passed by Opposite Party No.3 for outstanding dues of Rs.2,83,883/-. After arguing at some length, learned counsel for the petitioner has submitted that the petitioner is ready to pay the entire outstanding amount in easy installments as stipulated by this Court. The learned counsel appearing for the respondent no.3 has no objection if directions to pay the entire outstanding loan amount in easy installments with interest will be given. Accordingly, this writ petition is finally disposed of with the following directions:-
¶1The petitioner shall deposit a sum of Rs.50,000/- by
30.10.2023.
¶2Rest of the outstanding amount including the interest thereon from 30.11.2023 till the date of last installment shall be deposited in six equal quarterly installments.
¶3The respondent shall inform the petitioner in regard to the amount of stipulated installments within a period of two weeks from the date of deposit of Rs 50,000/-
¶4It is further provided that the last installment under this order shall include the accrued amount of interest, if any, by that date.
¶5In case, the petitioner abides by the terms of this order, no coercive measures shall be taken against the petitioner.
¶6In case of failure of two installments after first, the respondents are at liberty to proceed against the petitioner. In case of default of this order is committed by the petitioner, it shall be open to the respondent to proceed against him by taking all measures including coercive measures, which may be available under the law. . [Manish Kumar,J.] [Vivek Chaudhary,J.] Order Date :- 11.10.2023 S. Kumar High Court of Judicature at Allahabad, Lucknow Bench
Source: High Court of Judicature at Allahabad, through the eCourts High Court services, via the Indian High Court Judgments open dataset by Dattam Labs (CC BY 4.0). Text was extracted from the official PDF and may contain conversion errors. Check the official PDF before relying on it.