HIGH COURT OF UTTARAKHAND AT NAINITAL Writ Petition No. 2142 of 2009 (M/S) Virender Kumar …. Petitioner .. Versus State of Uttarakhand & others … Respondents Mr. H.S. Dhillon, Advocate for the petitioner. Mr. K.P. Upadhyay, Additional Chief Standing Counsel for the State of Uttarakhand. Mr. Arvind Vashistha, Advocate for respondent no. 3. 21st December, 2009 Hon’ble Sudhanshu Dhulia, J. Heard learned counsels for the parties. The petitioner was a sweeper who was working on the daily wages and since 2007 the petitioner is without a job. Admittedly the petitioner had taken a loan from the Central Bank of India, Branch Mallital, Nainital. This loan has not been repaid and consequently recovery proceedings have been initiated against him. During the course of the argument, learned counsel for the petitioner Mr. H.S. Dhillon has prayed that he is prepared to pay the entire loan amount, however, the amount may be recoverable in easy installments. Learned counsel for the respondent-bank Mr. Arvind Vashistha consents to it. Therefore, following orders are being passed : The entire amount repayable to the bank is Rs. 47300/-. In case the petitioner deposits an amount of Rs. 7,300/- with the bank by 1st February, 2010 the remaining amount of Rs. 40,000/- shall be recoverable from the petitioner by way of twenty equal monthly installments i.e. Rs. 2,000/- per month to be charged from 1st March, 2010 and thereafter, meaning thereby after depositing an amount of Rs. 7,300/- by 1st February, 2010, the first installment of Rs. 2,000/- would be payable by the petitioner on 1st March, 2 2010, second installment on 1st April, 2010, and so on and, therefore, the entire amount shall be paid in twenty equal installments. It is clarified that in case the petitioner defaults in payment of even one installment, this relief which is being granted to the petitioner shall automatically come to an end and the Bank shall be free to initiate recovery proceedings against the petitioner. With the aforesaid directions, writ petition is disposed of. No order as to costs. (Sudhanshu Dhulia, J.) 21.12.2009 Avneet