IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE THOTTATHIL B.RADHAKRISHNAN TUESDAY, THE 15TH JANUARY 2008 / 25TH POUSHA 1929 WP(C).No. 1239 of 2008(V) ------------------------------------ PETITIONER: ------------------- S. SHERIF, VADAKKEVILA PUTHEN VEEDU, KURUNGALLUR, VELIYANNUR P.O.,VELLANAD, THIRUVANANTHAPURAM-695543 BY ADV. SRI.B.RAGUNATHAN SRI.G.S.MOHANDAS SRI.R.SRINATH RESPONDENTS: ------------------------ 1. THE THIRUVANANTHAPURAM DISTRICT CO-OPERATIVE BANK LTD., REPRESENTED BY GENERAL MANAGER, THE THIRUVANANTHAPURAM DISTRICT CO-OPERATIVE BANK LTD., FORT, THIRUVANANTHAPURAM-23 2. BRANCH MANAGER, THE THIRUVANANTHAPURAM DISTRICT CO-OPERATIVE BANK LTD., VELLANAD BRANCH, VELLANAD, THIRUVANANTHAPURAM PIN-695 543. 3. THE GENERAL MANAGER (AUTHORISED OFFICER), THE THIRUVANANTHAPURAM DISTRICT CO-OPERATIVE BANK LTD., HEAD OFFICE, FORT, THIRUVANANTHAPURAM, PIN-695 023. BY STANDING COUNSEL M/S.T.R.HARIKUMAR & V.G.ARUN THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 15/01/2008, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: THOTTATHIL B.RADHAKRISHNAN, J. ----------------------------------- W.P.(C).No.1239 of 2008-V ------------------------------------ Dated this the 15th day of January, 2008. J U D G M E N T Giving up all other contentions and submissions at the time of admission today, the petitioner confines to the request that he may be permitted to pay off the outstandings in instalments and to drop distress action. (2). Having heard the learned counsel for the petitioner and learned counsel for the respondents, this writ petition is disposed of, directing that, if the petitioner remits the entire outstanding amounts including accrual, in 5 equal monthly instalments, payable on or before the last working day of every month, commencing from January, 2008, the impugned action shall be dropped. (3). However, if there is default in remitting any of the instalments as aforesaid, the benefit of this judgment will stand recalled automatically and the respondents will be at liberty to proceed forthwith. The writ petition is disposed of as above. THOTTATHIL B.RADHAKRISHNAN, JUDGE. MS