IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE V.RAMKUMAR & THE HONOURABLE MR. JUSTICE T.R.RAMACHANDRAN NAIR WEDNESDAY, THE 2ND MAY 2007 / 12TH VAISAKHA 1929 WA.No. 1160 of 2007 --------------------- AGAINST THE JUDGEMENT IN WPC.7854/2007 Dated 12/04/2007 .................... APPELLANT: PETITIONER --------------------- UDUMPATTA SANKARA NARAYANAN, S/O.KANDANPPAN NAIR, KARALMANNA P.O., PALAKKAD DISTRICT. BY ADV. SRI.PHILIP T.VARGHESE SRI.THOMAS T.VARGHESE RESPONDENTS: ------------- 1. GENERAL MANAGER, AUTHORISED OFFICER, THE CHERUPALASSERY CO-OPERATIVE URBAN BANK LTD. NO.1696, CHERUPLASSERY P.O. 2. THE CHERUPLASSERY CO-OPERATIVE URBAN BANK LTD.NO.1696, REPRESENTED BY ITS GENERAL MANAGER, CHERUPLASSERY. 3. ASSISTANT REGISTRAR (GENERAL), DDEPARTMENT OF CO-OPERATION, OTTAPPALAM. BY SRI.V.K.BALACHANDRAN FOR R1 THIS WRIT APPEAL HAVING COME UP FOR ADMISSION ON 02/05/2007, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: V.RAMKUMAR & T.R.RAMACHANDRAN NAIR, JJ. ---------------------------- W.A. No. 1160/2007 ----------------------------- Dated this 2nd day of May, 2007 JUDGMENT Heard both sides. The appellant/petitioner had already remitted a sum of rupees One Lakh and seventy five thousand out of the total amount of rupees Twelve Lakhs. The balance amount shall be deposited at a rate of rupees One Lakh per month. The first instalment shall be due on or before 31.5.2007 and the subsequent instalments shall be due by the end of the succeeding months. The last instalment shall cover the interest due on the amount. If the appellant commits default in any one of the instalments, this facility shall stand re-called and the appellant shall be liable for the entire amount in one lumpsum together with the statutory penalties, which can be imposed on him. The appeal is disposed of as above. V.RAMKUMAR, JUDGE T.R.RAMACHANDRAN NAIR, JUDGE mrcs 2