WRIT - C No. 37353 of 2025 at Allahabad

HIGH COURT OF JUDICATURE AT ALLAHABAD WRIT - C No. - 37353 of 2025 Abhisek Kumar .....Petitioner(s) Versus State Of U.P. And 2 Others .....Respondent(s) Counsel for Petitioner(s) : Peeyush Kumar Pathak, Prateeyush Kumar Pathak 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 Prateeyush Kumar Pathak, learned counsel for the petitioner and Sri Ramesh Kumar 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. 14,47,205/- together with entire interest due, within a period of four 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: