WP/4610/2025 of SURAMPUDI VEERABABU Vs UNION BANK OF INDIA

APHC010088122025 IN THE HIGH COURT OF ANDHRA PRADESH Bench Sr.No:-36 [3483] AT AMARAVATI WRIT PETITION NO: 4610 of 2025 Surampudi Veerababu and another ...Petitioners Vs. Union Bank of India and another ...Respondents ********** Advocate for Petitioners : Mr. Chinthapalli Srinivas Advocate for Respondents : Mr. S. Satyanarayana Moorthy representing Mrs. V Dyumani for R.1 CORAM : THE CHIEF JUSTICE DHIRAJ SINGH THAKUR SRI JUSTICE RAVI CHEEMALAPATI DATE : 11th March, 2025 PC: Learned counsel for the first respondent bank – Union Bank of India states that in case the petitioners, whose account has already been declared as an NPA, pay an amount of Rs.4,04,000/-, the account shall be regularized pursuant to which the petitioner would be under an obligation to pay the regular installments which the Bank might fix to clear the loan which today stands to an extent of approximately Rs.78.00 lakhs. 2 HCJ & RC, J WP_4610_2025 Learned counsel for the petitioners undertakes to deposit an amount of Rs.4,04,000/- within ten days from today. Be that as it may, with the consent of the parties, the Writ Petition is disposed of. It is made clear that in case of any default on the part of the petitione