WPMS No.2217 of 2010 Hon’ble Tarun Agarwala, J. Mr. Khalil Ahmad, the learned counsel for the petitioner. Mr. K. K. Sah, the learned counsel for the respondent bank. It is alleged that the petitioner had taken a loan from the bank and the bank respondent has sent a notice to the petitioner to deposit a sum of Rs.2,71,342/-. With the consent of the learned counsel for the parties, the writ petition is disposed of with the following directions:- The recovery of the amount as per the notice of the bank shall remain stayed subject to the condition that the petitioner will pay the first intallment of Rs.70,000/- to the bank on or before 30th September, 2011. The second installment of Rs.70,000/- shall be paid by the petitioner on or before 30th November, 2011 and the third installment of Rs.70,000/- shall be paid on or before 31st January, 2012 and the balance amount alongwith recovery charges shall be paid to the bank in the last installment on or before 31st March, 2012. In case of failure to deposit any of the installments as stated aforesaid, it would be open to the respondent bank to proceed for recovery of the amount forthwith. (Tarun Agarwala, J.) Dated 21.09.2011 LSR