IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE K.M.JOSEPH TUESDAY, THE 19TH JUNE 2007 / 29TH JYAISHTA 1929 WP(C).No. 6017 of 2007(N) ------------------------- PETITIONER: ------------ 1. T.B.RAJAPPAN, S/O KUTTAPPAN, AGED 62 YEARS, SUBHASH BHAVAN, THEKKUMBHAGOM, EDAVATTOM P.O., KOTTAYAM DISTRICT. 2. SUBHASH, S/O RAJAPPAN, AGED 29 YEARS -DO-DO-. BY ADV. SRI.SAJEEV KUMAR K.GOPAL SRI.BINOY VASUDEVAN RESPONDENTS: ------------- 1. THE SPECIAL SALE OFFICER, OFFICE OF THE ASSISTANT REGISTRAR OF CO-OPERATIVE SOCIETIES, VAIKKOM, KOTTAYAM DISTRICT. 2. MARAVANTHURUTHU SERVICE CO-OPERATIVE BANK(KTD)NO.121 EDAVATTOM P.O., THALAYOLAPARAMBU, KOTTAYAM DISTRICT. BY ADV. SRI.T.A.SHAJI SMT.T.V.NEEMA GOVT. PLEADER SRI.P.N.SANTHOSH THIS WRIT PETITION (CIVIL) HAVING BEEN FINALLY HEARD ON 19/06/2007, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: APPENDIX PETITIONER'S EXHIBITS EXT.P1 TRUE COPY OF THE RELEVANT PAGES OF THE PASS BOOK OF R2 FROM 7-2-06 TO 22-1-07 EXT.P2 TRUE COPY OF THE RECEIPTS ISSUED BY R2 EXT.P3 TRUE COPY OF THE SALE NOTICE DTD. 17-1-07 IN E.A.NO.1195/03 ISSUED BY R1 EXT.P4 TRUE COPY OF THE SALE NOTICE DTD. 17-1-07 IN E.A.NO.4752/05 ISSUED BY R1 /True Copy/ PA to Judge. K.M.JOSEPH, J. - - - - - - - - - - - - - - - - - - - - - - - - - WP.(C) No.6017 of 2007 - - - - - - - - - - - - - - - - - - - - - - - - - Dated this the 19th day of June, 2007 JUDGMENT Petitioners availed a loan. It was not repaid. Coercive steps were taken. 2. I heard learned counsel for the petitioners and the Bank. Counsel for the petitioners points out financial difficulties and prays that petitioners may be granted easy instalments, so that they can repay the amount. It is also pointed out that they have already paid Rs.60,000/-. The writ petition is disposed of as follows: The respondent Bank will serve a statement on the petitioners showing the exact amount payable as instalment calculating it on the basis of twelve instalments after adjusting the payments made within three weeks from today. Upon receipt of the statement, the petitioners are permitted to pay off the amount in twelve equal monthly instalments, the first of which shall be payable on or before 2.8.2007. Petitioners have to pay the subsequent instalments on or before the 2nd WPC.6017/07. 2 of the succeeding months. If any of the instalment is not paid, it is open to the Bank to proceed against the petitioner in accordance with law. (K.M. JOSEPH, JUDGE) sb