IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HON'BLE THE CHIEF JUSTICE MR.S.R.BANNURMATH & THE HONOURABLE MR. JUSTICE KURIAN JOSEPH WEDNESDAY, THE 27TH MAY 2009 / 6TH JYAISHTA 1931 WA.No. 813 of 2009 -------------------- AGAINST THE JUDGEMENT IN WPC.29277/2008 Dated 21/11/2008 .................... APPELLANT/PETITIONER: --------------------------- MINI R.K. W/O. LATE MADHUSOODANAN PILLAI, AGED 41 YEARS, MINI BHAVAN, MANAYILKULANGARA,THIRUMULLAVARAM, KOLLAM-12, FROM SUDHEER MANZIL, RAMANKULANGARA, KAVANADU P.O., KOLLAM-3. BY ADV. SRI.C.RAJENDRAN RESPONDENTS/RESPONDENTS: ---------------------------------- 1. THE QUILON CO-OPERATIVE URBAN BANK LTD. NO.960, HEAD OFFICE, KOLLAM, REPRESENTED BY ITS AUTHORIZED OFFICER. 2. THE QUILON CO-OPERATIVE URBAN BANK LTD.NO.960, MULAMKADAKAM BRANCH, KOLLAM, REPRESENTED BY ITS SECRETARY. R1 & R2 BY ADV. SRI. N. DHARMADAN, SC (SR.) SMT. D. P. RENU THIS WRIT APPEAL HAVING BEEN FINALLY HEARD ON 27/05/2009, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: S.R.Bannurmath, C.J. & Kurian Joseph, J. ------------------------------------------ W.A. No.813 of 2009 ------------------------------------------ Dated, this the 27th day of May, 2009 JUDGMENT S.R.Bannurmath, C.J. After hearing the matter for some time, learned counsel appearing for both sides, submit that they have arrived at a settlement in the presence of the officials of the Bank under which the appellant agrees to deposit a sum of Rupees 50,000/- on or before 30th June, 2009 and the entire balance by way of arrears on or before 31st July, 2009. Learned counsel for the Bank and the Bank officials present, agree for the same. The above submission is recorded. On such remittance of the entire arrears, the Bank agrees to consider the application filed by the appellant for rescheduling the loan. We make it clear that in the event of any default in making the payments, the appellant will not be entitled W.A. No.813 of 2009 - 2 - to the benefit of this order. Writ appeal is disposed of as above. S.R.Bannurmath, Chief Justice Kurian Joseph, Judge vns