Quick Summary: The court dismissed the request by Raj Kumar Yadav and Archita Yadav to stop legal actions related to a loan they didn't pay back. They failed to meet the terms of a one-time settlement with the bank.
Raj Kumar Yadav and Archita Yadav, a businessman and a housewife from Secunderabad, found themselves in legal trouble. They had taken a loan from Andhra Bank (now Union Bank of India) but couldn't pay it back on time due to money problems. They tried to settle the matter through a one-time deal with the bank.
Judge Tirumala Devi Eada was in charge of the case. The Yadavs filed a request under Section 528 of the Bharatiya Nagarik Suraksha Sanhita, 2023. They wanted to stop the legal actions against them, arguing that the complaint was made just to bother them. Their lawyer, Smt. CH. Sowmya, said they were ready to pay the settlement amount.
"The current complaint has been made with bad intentions, just to bother them," argued the petitioners' lawyer.
The bank, represented by the Additional Public Prosecutor, opposed the request. They pointed out that the Yadavs hadn't paid the required amounts despite agreeing to a settlement. As of September 16, 2019, they had paid only ₹5,00,000, while they needed to pay ₹28,00,000 as an upfront fee to proceed with the settlement.
"Petitioners have not paid amounts to the bank," stated the prosecutor.
After looking over the records, the court found that the Yadavs hadn't made further efforts to pay the required amount. Therefore, the court dismissed their request. Judge Tirumala Devi Eada concluded that they were not entitled to any relief.
"The Criminal Petition is liable to be and is accordingly dismissed," ruled Justice Eada.
The court's decision means that the Yadavs must continue to face the legal actions related to their unpaid loan.
