WRIT - C No. 31916 of 2025 at Allahabad

HIGH COURT OF JUDICATURE AT ALLAHABAD WRIT - C No. - 31916 of 2025 Kishor Kumar And Another .....Petitioner(s) Versus Union Of India And 2 Others .....Respondent(s) Counsel for Petitioner(s) : Devendra Kumar Patel Counsel for Respondent(s) : A.S.G.I., C.S.C., Dinesh Kumar Misra Court No. - 3 HON'BLE SAUMITRA DAYAL SINGH, J. HON'BLE INDRAJEET SHUKLA, J. 1. Heard Sri Devendra Kumar Patel learned counsel for the petitioners, Sri Sahil Srivastava learned counsel for the bank and Sri Dinesh Kumar Misra learned counsel for the Union respondent. 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 and third party rights have not intervened. 3. At the outset, petitioner has offered to pay the outstanding amount Rs. 12,47,369 /- together with entire interest due, within a period of five months. This offer has been accepted by learned counsel for the respondent - Bank. Learned counsel for the bank states that at present, no auction is proposed to be held. 4. Accordingly, the writ