WRIT - C No. 31348 of 2025 at Allahabad

HIGH COURT OF JUDICATURE AT ALLAHABAD WRIT - C No. - 31348 of 2025 Inam Singh Yadav .....Petitioner(s) Versus State of U.P. and Another .....Respondent(s) Counsel for Petitioner(s) : Sanjay Mishra Counsel for Respondent(s) : C.S.C., Ramesh Kumar Shukla Court No. - 3 HON'BLE SAUMITRA DAYAL SINGH, J. HON'BLE INDRAJEET SHUKLA, J. 1. Heard Sri Sanjay Mishra, learned counsel for the petitioner and Ms. Shruti Gupta, Advocate, holding brief of learned counsel for the respondent - Bank. 2. Petitioner has 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. 3. At the outset, petitioner has offered to pay the outstanding amount Rs. 15,80,038/- together with entire interest due, within a period of five 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 petitioner shall clear the entire arrears due, within a period of five months i.e. not later than 15 March 2026. (ii) In discharge