High Court of Judicature at Allahabad
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Shamsher Khan v. State Of U.P. And Others - WRIT - C No. 57369 of 2006  RD-AH 17790 (16 October 2006)
Hon.Shishir Kumar, J.
Heard the learned counsel for the petitioner Sri K.K. Tripathi and Sri Ajai Srivastava representing respondents no.2 and 3.
A notice under section 13(2) of the Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 was given to the petitioner. Thereafter a notice under Section 13(4) of the Securitization Act was also given to the petitioner. Now 30.10.2006 is fixed for auction.
In case the petitioner deposits the entire dues in two equal installments, then the property of the petitioner will not be auctioned. The first installment will be deposited within a period of one month from today and the balance amount will be deposited by the petitioner within a month thereafter. In case of default the writ petition shall stand dismissed.
With these direction the writ petition is disposed of.
W.P. No. 57369 of 2006
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