IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE K.M.JOSEPH FRIDAY, THE 24TH OCTOBER 2008 / 2ND KARTHIKA 1930 WP(C).No. 30680 of 2008(B) -------------------------- PETITIONER(S): --------------- V.C.BABY, VELLARINGATTU HOUSE, POOKKOTTUMPADAM P.O., MALAPPURAM. BY ADV. SRI.JOBY JOSEPH RESPONDENT(S): --------------- 1. THE MALAPPURAM DISTRICT CO-OPERATIVE BANK, MALAPPURAM, REPRESENTED BY ITS GENERAL MANAGER. 2. BRANCH MANAGER, DISTRICT CO-OPERATIVE BANK NILAMBUR (EVENING)BRANCH MALAPPURAM. 3. THE AUTHORISED OFFICER UNDER SARFAESI ACT, AND GENERAL MANAGER, DISTRICT CO-OP. BANK, MALAPPURAM. BY SMT.VIJAYAMMA, SC THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 24/10/2008, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: K.M. JOSEPH, J. ```````````````````````````````````````````````````` W.P.(C) No. 30680 OF 2008 B ```````````````````````````````````````````````````` Dated this the 24th day of October, 2008 J U D G M E N T Petitioner seeks time to pay off the amount due. 2. Heard learned counsel for petitioner and learned counsel appearing on behalf of the respondents. Writ petition is disposed of directing that the proceedings against the petitioner will be kept in abeyance on condition that the petitioner pays a sum of Rs.20,000/- within two weeks from today and pays the entire balance amount with due interest in five equal monthly instalments. The first instalment shall be paid on or before 10.12.2008 and the further instalments shall be paid on or before the 10th day of the succeeding months. If the petitioner does not pay Rs.20,000/- or any of the instalments, the petitioner will loose the benefit of this judgment and it will be open to the respondents to proceed against the petitioner in accordance with law. Sd/- (K.M.JOSEPH, JUDGE) aks // TRUE COPY // P.A. TO JUDGE