WRIT - C No. 35520 of 2025 at Allahabad

HIGH COURT OF JUDICATURE AT ALLAHABAD WRIT - C No. - 35520 of 2025 Pradeep Kumar Pal .....Petitioner(s) Versus State Of U.P. And 2 Others .....Respondent(s) Counsel for Petitioner(s) : Ravindra Kumar Dwivedi, Shubham Dwivedi Counsel for Respondent(s) : Birendra Prasad Shukla, C.S.C. Court No. - 3 HON'BLE SAUMITRA DAYAL SINGH, J. HON'BLE INDRAJEET SHUKLA, J. 1. Heard Sri Ravindra Kumar Dwivedi, learned counsel for the petitioner and Sri B.P. Shukla, learned counsel for the 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 and third party rights have not intervened. 3. At the outset, petitioner has offered to pay the outstanding amount Rs. 14,77,262.50/- 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 petition is disposed of with the following directions: (i) T