IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE THOTTATHIL B.RADHAKRISHNAN THURSDAY, THE 29TH JANUARY 2009 / 9TH MAGHA 1930 WP(C).No. 3072 of 2009(N) ------------------------- PETITIONER(S): --------------- JOSEPH, S/O.THOMAS, MOOKAN THOTTATHIL, KOCHARA P.O., NEDUMKANDAM, IDUKKI DISTRICT. BY ADV. SRI.BINDU SREEKUMAR RESPONDENT(S): --------------- 1. MALANADU AGRICULTURAL AND RURAL DEVELOPMENT BANK, NEDUMKANDAM, REPRESENTED BY SECRETARY. 2. BRANCH MANAGER, MALANADU AGRICULTURE AND RURAL DEVELOPMENT BANK, NEDUMKANDAM. THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 29/01/2009, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: THOTTATHIL B.RADHAKRISHNAN, J. ------------------------------------------- W.P(C).No.3072 OF 2009 ------------------------------------------- Dated this the 29th day of January, 2009 JUDGMENT Notice to the respondents dispensed with, preserving their right to move for review of this judgment, if aggrieved. The respondents have issued Ext.P1 on 15.1.2009 in relation to four loans availed by the petitioner. The total amount of interest comes to Rs.51,708/- and penal interest comes to Rs.3,146/-, which add on to Rs.54,854/-. Under such circumstances, it is directed that if the aforesaid amount is paid in two equal instalments, payable on or before 15.2.2009 and 15.3.2009, the petitioner will be given an opportunity to wipe off the entire outstandings in six monthly instalments, commencing from April, 2009. However, if there is default in remitting any of the instalments as aforesaid, the benefit of this judgment will stand recalled automatically and distress action will follow. The writ petition is ordered accordingly. Sd/- THOTTATHIL B.RADHAKRISHNAN, Judge. kkb.