High Court of Judicature at Allahabad
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M/S Good Luck Industries Thru Proprietor M.A. Saleem v. State Of U.P. And Others - WRIT - C No. 45421 of 2005  RD-AH 1464 (14 June 2005)
Hon. Vikram Nath, J.
Heard learned counsel for the petitioner, learned Standing counsel for the respondents no. 1 & 2 and Sri V.P.Singh, Advocate, holding brief of Sri Tarun Verma, learned counsel for respondents no. 3 & 4.
With the consent of the parties the writ petition is being finally disposed of as follows.
The impugned recovery proceedings against the petitioner shall remain stayed provided that the petitioner deposits sum of Rs. One Lac within two months from today and remaining amount in four quarterly installments thereafter. In the event of default the protection provided shall stand automatically vacated and it would be open to the respondents to proceed with the recovery.
With the aforesaid observations the writ petition is finally disposed off.
14.06.2005/ writ no. 45421/05
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