IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE ANTONY DOMINIC WEDNESDAY, THE 8TH JULY 2009 / 17TH ASHADHA 1931 WP(C).No. 19170 of 2009(M) -------------------------- PETITIONER(S): --------------- SAJIMON S/O.SALIM, KINATTINKARAYIL, ROSAPPOKKANDAM, KUMILY. BY ADV. SRI.LIJI.J.VADAKEDOM RESPONDENT(S): --------------- 1. PEERUMEDU TALUK CO.OPERATIVE AGRICULTURE AND RURAL DEVELOPMENT BANK, KUMILY BRANCH, KUMILY, IDUKKI DIST. REP.BY ITS SECRETARY. 2. REGIONAL MANAGER, KERALA STATE CO.OPERATIVE AGRICULTURAL AND RURAL DEVELOPMENT BANK LTD, REGIONAL OFFICE, CHENUTHONI, IDUKKI. 3. SALE OFFICER, PEERUMEDU TALUK CO-OPERATIVE(AGRICULTURA AND RURAL DEVELOPMENT)BANK KUMILY BRANCH, IDUKKI. BY GOVT. PLEADER SRI. K.C. SANTHOSHKUMAR SC FOR R1 ADV. JOICE GEORGE THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 08/07/2009, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: ANTONY DOMINIC,J. --------------------- W.P.(C).No.19170 OF 2009 ------------------------ Dated this the 8th day of July, 2009. JUDGMENT In 2007 the petitioner availed of a loan of Rs.3 lakhs from the first respondent. Petitioner committed default in the matter of repayment of monthly installments and according to the petitioner as at present, the defaulted amount itself is R.1.65 lakhs. To realize the aforesaid amount, the Bank issued Exts.P1 to P3. 2. In this writ petition, all that the petitioner seeks is a direction to the respondent to permit the petitioner to discharge the defaulted amount in installments and also permitting him to pay monthly installments that are payable. 3. I heard the standing counsel for the respondents also. 4. Having regard to the facts highlighted, the writ petition is disposed of directing that the defaulted WP(c).No.19170/09 2 outstanding amount due from the petitioner shall be permitted to be paid in six equal monthly Installments. The first instalment shall be paid on or before 30th July, 2009 and the subsequent installments shall be paid on or before 30th every succeeding month. It is made clear that the petitioner shall also pay the regular Installments that are payable. Subject to payment as above, coercive action shall not be initiated and in case default is committed, the Bank will be free to take further action as is permissible in law. (ANTONY DOMINIC) JUDGE vi/ WP(c).No.19170/09 3