IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE K.SURENDRA MOHAN FRIDAY, THE 29TH APRIL 2011 / 9TH VAISAKHA 1933 WP(C).No. 12486 of 2011(I) -------------------------- PETITIONER: ------------------ SURESH V.S., S/O.SUKUMARAN, 1/266, VALIYAPARAMBIL HOUSE, ODANUR, PARLI, PALAKKAD DISTRICT. BY ADV. SRI.S.SAJU RESPONDENTS: ---------------------- 1. THE CANARA BANK, BIG BAZAR BRANCH, PALAKKAD-14, REP. BY ITS CHIEF MANAGER - 678001. 2. THE CANARA BANK, BIG BAZAR BRANCH, PALAKKAD-14, REP. BY ITS AUTHORIZED OFFICER - 678001. BY ADV.SRI.E.K.NANDAKUMAR BY ADV.SRI.P.GOPINATHA MENON THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 29/04/2011, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: APPENDIX PETITIONER'S EXHIBITS: EXT.P1 TRUE COPY OF THE LOAN PASS CARD ISSUED BY THE RESPONDENT. EXT.P2 TRUE COPY OF THE SALE NOTICE DTD.213.2011. EXT.P3 TRUE COPY OF THE STATEMENT OF ACCOUNTS DTD.5.4.2011. TRUE COPY P.A.TO JUDGE K.SURENDRA MOHAN, J. ------------------------------------------- W.P.(C) No.12486 of 2011 ------------------------------------------- Dated this the 29th April, 2011 JUDGMENT Admit. Adv.E.K.Nandakumar appears for the respondents. The limited submission of the counsel for the petitioner is that he may be permitted to regularise his account by making the payments that are remaining over due within a period of three months. The bank is agreeable to the above course. 2. In view of the above, this Writ Petition is disposed of directing the petitioner to remit the total amount of Rs.2,34,555/- that is remaining overdue and payable as on 30.4.2011 in three equal monthly instalments. The first instalment shall be paid on or before 14.5.2011. The next two instalments shall be paid on 25.6.2011 and 25.7.2011 respectively. In addition to the payments stipulated above, the petitioner shall also pay the amount payable by him as monthly instalments for the months of May, June and July, without default. Once the payments are regularised in compliance with the stipulations above, the petitioner WPC No.12486 of 2011 2 shall continue to remit the monthly instalments regularly and without fail. If the petitioner commits default in payment of any of the instalments stipulated above, the benefit of this judgment shall be forfeited and the bank would be free to recover the amounts due in accordance with law. K.SURENDRA MOHAN, JUDGE css/