IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE P.R.RAMACHANDRA MENON WEDNESDAY, THE 10TH FEBRUARY 2010 / 21ST MAGHA 1931 WP(C).No. 3456 of 2010(F) ------------------------------------- PETITIONER(S): ---------------------- K.P. RAJAN., S/O.CHATHU, AGED 54 YEARS, VAZHAYIL HOUSE, KAVUMBHAGOM, THALASSERY, KANNUR DISTRICT. BY ADV. MR.C.P.PEETHAMBARAN RESPONDENT(S): ------------------------- 1. THE KERALA STATE CO-OPERATIVE BANK LTD., KANNUR BRANCH. REPRESENTED BY THE SENIOR MANAGER. 2. THE REGIONAL MANAGER (AUTHORIZED OFFICER), THE KERALA STATE CO-OPERATIVE BANK LTD., REGIONAL OFFICE, KOZHIKODE. R1 & R2 BY ADV. MR.NAGARAJ NARAYANAN,SC,K.S.CO-OP BANK . THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 10/02/2010,THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: rs. P.R.RAMACHANDRA MENON, J --------------------------- W.P(C) No.3456 of 2010-F ---------------------------- Dated this the 10th day of February, 2010. J U D G M E N T The main grievance projected in this Writ Petition is to enable the petitioner to satisfy the liability by way of reasonable instalments. The learned counsel for the petitioner submits that the petitioner might be permitted to invoke the benefit of One Time Settlement. 2. The learned counsel for the respondent bank submits that the benefit of OTS is available as on date and that, if the petitioner approaches the bank by filing appropriate proceedings in this regard, the same will be considered in accordance with the terms of the scheme and the available benefits will be extended to the petitioner as well. 3. Considering the facts and circumstances, the petitioner is permitted to approach the bank above. If any petition is filed in this regard within one week, the same shall be considered by the respondent bank as expeditiously as possible and appropriate W.P(C) No.3456 of 2010-F 2 orders shall be passed thereon; on which event the petitioner will be bound to satisfy the same as stipulated. All further coercive steps shall be kept in abeyance till the end of this month. The Writ Petition is disposed of as above. Sd/- P.R.RAMACHANDRA MENON JUDGE //True Copy// P.A to Judge ab