IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE K.M.JOSEPH WEDNESDAY, THE 19TH SEPTEMBER 2007 / 28TH BHADRA 1929 WP(C).No. 22099 of 2007(E) -------------------------- PETITIONER: ------------ 1. SHAJI, S/O BHASKARAN, THATHAPPILLY HOUSE, MADAYIKONAM VILLAGE, THALIYAKONAM DESOM, MUKUNDAPURAM TALUK, THRISSUR DISTRICT. 2. GEETHA, W/O SHAJI, THATHAPPILLY HOUSE, MADAYIKONAM VILLAGE, THALIYAKONAM DESOM, MUKUNDAPURAM TALUK, THRISSUR DISTRICT. BY ADV. SRI.V.M.KRISHNAKUMAR RESPONDENTS: ------------- 1. THE SPECIAL SALE OFFICER, KARUVANNUR SERVICE CO-OPERATIVE BANK LTD., NO.112, KARUVANNUR P.O., THRISSUR DISTRICT. 2. THE KARUVANNUR SERVICE CO-OPERATIVE BANK LTD., NO.112, REPRESENTED BY ITS SECRETARY, KARUVANNUR P.O., THRISSUR. BY ADV. SRI.P.K.ASHOKAN FOR R2 SRI.M.R.VENUGOPAL GOVT. PLEADER SRI.BASANTH BALAJI THIS WRIT PETITION (CIVIL) HAVING BEEN FINALLY HEARD ON 19/09/2007, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: APPENDIX PETITIONER' S EXHIBITS EXT.P1 TRUE COPY OF THE NOTICE DTD. 21-2-05 ISSUED BY R1 EXT.P2 TRUE COPY OF THE LETTER RECEIVED FROM THE PRESIDENT OF THE SECOND RESPONDENT BANK DTD. 13-6-07 EXT.P3 TRUE COPY OF RECEIPT SHOWING THE REMITTANCE OF RS. 21,000/- EXT.P3(A) TRUE COPY OF RECEIPT SHOWING THE REMITTANCE OF RS. 9000/- /True Copy/ PA to Judge. K.M.JOSEPH, J. - - - - - - - - - - - - - - - - - - - - - W.P.(c).No. 22099 OF 2007 - - - - - - - - - - - - - - - - - - - - - - - - - - Dated this the 19th day of September , 2007 JUDGMENT Petitioners availed a loan. It is not repaid. The only prayer pressed by the learned counsel for the petitioners is that petitioners may be permitted to pay off the entire amount due in six equal monthly instalments. 2. I heard learned counsel for the respondent-Bank also. The writ petition is disposed of permitting the petitioners to pay off the entire amount remaining to be paid with due interest in six equal monthly instalments, the first of which shall be payable on or before 01/11/2007. Remaining instalments are to be paid on or before the first working day of every succeeding months. The second respondent will serve a statement on the petitioners within two weeks from today showing the amount remaining to be paid with due interest and also the amount of instalments to be paid on the basis that the amount is to be paid in 6 equal monthly instalments. If any of the instalments is not paid, it will be open to the second respondent to proceed against the petitioners in accordance with law. (K.M.JOSEPH, JUDGE) sv. (K.M.JOSEPH, JUDGE) sv.