High Court of Judicature at Allahabad
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Khayali v. State Of U.P. Thru' Secry. Finance And Revenue And Others - WRIT - C No. 65761 of 2006  RD-AH 20392 (1 December 2006)
Hon'ble Janardan Sahai , J.
Heard learned counsel appearing on behalf of the petitioner and Sri S.N. Tiwari holding brief of Sri Vivek Singh, counsel for the Bank.
Petitioner had taken loan for agricultural purposes. According to the petitioner he could not pay the instalments due to unavoidable circumstances and the loan is being recovered by coercive means. It is submitted that if reasonable time is allowed to pay the amount sought to be recovered in instalments, petitioner may be able to pay the same and irreparable injury on account of arrest and auction of property may be avoided.
To the aforesaid, learned counsel appearing for contesting respondent submits that although in some of the cases it has been said that against the recovery proceedings, unless some illegality is pointed out, the court may not interfere, but at the same time submission is that intention of the respondent bank has been never to cause any irreparable injury to the loanee rather the loan amount was advanced with the purpose to improve his future prospects and thus if for justifiable reason the amount in terms of the agreement has not been paid and now petitioner has bona fide intention to pay the amount within a reasonable time then respondents may not have any objection.
Accordingly, this petition is disposed of finally with the following directions:-
(i) Petitioner may deposit the entire amount sought to be recovered directly with the contesting respondent no. 4 Bank in five equal instalments. In calculating the arrears the amount (if any) already paid will be adjusted.
(ii) The first instalment may be deposited by 15th January 2007, second by 16th April 2007, third by 16th July 2007, the fourth by 15th October 2007 and the last/fifth instalment by 15th January 2008. In case instalments are deposited with the contesting respondent within the aforesaid time then the recovery charges will not be recovered from the petitioners.
(iii) Petitioner may file an application for supply of statement of account along with duly stamped self addressed envelope. In case any such application is filed, the contesting respondent will give the same to the petitioner within fifteen days after the deposit of first instalment.
(iv) Property (agricultural land/tractor) belonging to the petitioner if attached will be released after the deposit of first instalment by the concerned Tehsil authority unless it has already been auctioned.
(vi) If the petitioner deposits the instalment as fixed by this Court in time the recovery shall be kept in abeyance but if the petitioner defaults in paying any of the instalment this order shall stand vacated.
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