WRIT - C No. 30191 of 2025 at Allahabad

HIGH COURT OF JUDICATURE AT ALLAHABAD WRIT - C No. - 30191 of 2025 Har Dev And Another .....Petitioner(s) Versus State Of U.P. And 4 Others .....Respondent(s) Counsel for Petitioner(s) : Rajesh Kumar Dubey Counsel for Respondent(s) : C.S.C. Court No. - 3 HON'BLE SAUMITRA DAYAL SINGH, J. HON'BLE INDRAJEET SHUKLA, J. 1. Heard Shri Rajesh Kumar Dubey, learned counsel for the petitioners and Shri Sahil Srivastava, learned counsel for respondent bank. 2. Petitioners have committed default in repayment of secured debt to the respondent-Bank. Bank has initiated proceedings under the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002. However, no auction has taken place and third party rights have not intervened. 3. At the outset, petitioners have offered to pay the outstanding amount Rs. 16,00,000 /- together with entire interest due, within a period of four months. This offer has been accepted by learned counsel for the respondent - Bank. 4. Accordingly, the writ petition is disposed of with the following directions: (i) The petitioners shall clear the entire arrears due, within a period of four months i.e. not later than 15.03.2026. (ii)