IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE THOTTATHIL B.RADHAKRISHNAN WEDNESDAY, THE 4TH JUNE 2008 / 14TH JYAISHTA 1930 WP(C).No. 14790 of 2008(I) -------------------------- PETITIONER: ------------ SURENDRAN, S/O.RAMAN, NELENGARA HOUSE, KULANGARA, NADUVATH P.O., MALAPPURAM. BY ADV. SRI.DILIP MOHAN RESPONDENTS: ------------- 1. REGISTRAR OF CO-OP. SOCIETIES, THIRUVANANTHAPURAM. 2. NILAMBOOR CO-OP. URBAN BANK LTD., NO.1043, REP. BY ITS MANAGER, WANDOOR BRANCH. 3. DEPUTY GENERAL MANAGER (AUTHORIZED OFFICER), NILAMBOOR CO-OP. URBAN BANK LTD., NO.1043, NILAMBOOR. BY ADV. SRI.DEVAPRASANTH.P.J. FOR R.2,3 THIS WRIT PETITION (CIVIL) HAVING BEEN FINALLY HEARD ON 04/06/2008, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: APPENDIX PETITIONER'S EXHIBITS: EXHIBIT P1: A TRUE COPY OF THE NOTICE DATED 31.10.07 ISSUED BY THIRD RESPONDENT. EXHIBIT P2: A TRUE COPY OF THE PAPER PUBLICATION DATED 16.4.08. SD/- THOTTATHIL B.RADHAKRISHNAN, JUDGE /TRUE COPY/ P.A.TO JUDGE VKM THOTTATHIL B.RADHAKRISHNAN, J. ------------------------------------------- W.P.(C).No.14790 OF 2008 ------------------------------------------- Dated this the 4th day of June, 2008 JUDGMENT The parties have fortunately reached at a consensus by now. The petitioner has satisfied the conditions imposed as per interim order dated 16.5.2008 and it is agreed that the entire remaining outstandings will be paid off in six equal monthly instalments, payable on or before the last working day of every month, commencing from June, 2008. This is recorded and the writ petition is ordered accordingly, however, directing that if there is default in remitting instalments as aforesaid, the benefit of this judgment shall stand recalled automatically and distress action shall follow. Sd/- THOTTATHIL B.RADHAKRISHNAN, Judge kkb.5/6.