( 1 ) THE petitioner Raja Jagadambika Pratap Narain Singh was the proprietor of what was known as the Ayodhya Raj before the abolition of Zamindari in this State. He held large properties in the districts of Faizabad, Gonda, Sultanpur and Barabank. As a consequence of the abolition of zamindari in this State his properties vested in the State of U. P. , and the petitioner received by way of compensation for the acquisition of his rights in those properties compensation bonds during the period 1954 to 1958. The bonds are of a self-liquidating nature and the payment under them is spread over a period of forty years. They carry interest at 2 1/2 Per cent per annum on the principal amount, and are payable in forty equal instalments. The scheme of payment is that the interest for the whole year plus a part of the principal is paid every year. As the interest goes on decreasing due to the part payment of the principal every year, the amount of principal included in the instalment goes on increasing. The petitioner, as required by the rules, presented his bonds for realization of instalments before the Treasury Officer, Faizabad. The latter under the directions of the in