JUDGEMENT
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(1.) Heard Sri Y, S. Saxena,
learned counsel for the petitioner and Sri
Vipin Sinha for the respondent No. 3.
(2.) Proceedings Initiated by the respondent No. 3-bank for recovery of loan amount
was challenged by the petitioner by filing a
writ petition No. 30063 of 2004. The said
writ petition was disposed of by this Court
vide order dated 2-8-2004 with the following directions;
(i) Petitioner will deposit the entire
amount so payable upto 31st July, 2004
within a period of one month from today in
the respondent bank.
(ii) After aforesaid deposit petitioner further undertakes to pay regular instalments
as and when they become due in accordance
with the bank schedule.
(iii) In the event deposits are made in the
manner as indicated above, respondents will
not proceed to recover any amount from the
petitioner by taking any coercive process.
(iv) In the event the amount is deposited
as indicated above, respondent bank will not
take any recovery charge.
(v) Tractor of the petitioner, if under attachment shall be released on deposit of the
defaulted amount if any, payable up to 31st
July, 2004.
(3.) It has been stated in paragraph Nos.
4 and 5 of the writ petition that in pursuance of the aforesaid order the petitioner
went to deposit the amount with. Tehsil
authorities but the same was not accepted
and the tractor was auctioned on 18-12-
2004. Thereafter, an application was moved
in the earlier writ petition seeking a direction not to confirm the sale of the tractor
and to accept the instalments. The fate of
the said application has not been disclosed
in the writ petition but learned counsel for
the petitioner has orally informed that no
order has been passed on the same. Although, the date of moving the application
has not been disclosed but it has been stated
in the writ petition that the sale was confirmed during the pendency of the said
application.;
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