IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE P.R.RAMACHANDRA MENON THURSDAY, THE 19TH AUGUST 2010 / 28TH SRAVANA 1932 WP(C).No. 24616 of 2010(B) -------------------------- PETITIONERS: --------------- 1. MAJEED HAJI M.A, S/O. MOOSA, PALLIYALIL HOUSE, SANTHI VAYAL, A.R.NAGAR, TIRURANGADI TALUK, MALAPPURAM DISTRICT. 2. BABU SHABEER, S/O. KUNJU MUHAMMED, MANGALASSERY HOUSE, SANTHI VAYAL, A.R.NAGAR, TIRURANGADI TALUK, MALAPPURAM DISTRICT. BY ADV. SRI.C.M.MOHAMMED IQUABAL SRI.B.JEEVAN (ALAPPUZHA) RESPONDENTS: --------------- 1. THE STATE BANK OF TRAVANCORE, VENGARA BRANCH, POST VENGARA, MALAPPURAM DISTRICT, REPRESENTED BY ITS MANAGER. 2. THE MANAGER, THE STATE BANK OF TRAVANCORE, VENGARA BRANCH, POST VENGARA, MALAPPURAM DISTRICT. 3. THE DEPUTY TAHSILDAR, REVENUE RECOVERY, TIRURANGADI TALUK, MALAPPURAM DISTRICT. R1 BY ADV. SRI.T.SETHUMADHAVAN BY ADV. SRI.PUSHPARAJAN KODOTH BY ADV. SRI.K.JAYESH MOHANKUMAR THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 19/08/2010, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: P.R. RAMACHANDRA MENON, J. .............................................................................. W.P.(C) No. 24616 of 2010 ......................................................................... Dated this the 19th August, 2010 J U D G M E N T The petitioners are before this Court because of the coercive steps taken by the revenue authorities under the Kerala Revenue Recovery Act, at the instance of the respondent Bank for realisation of the due amount under a loan transaction. The petitioners had approached this Court earlier by filing W.P (C) No. 21993 of 2009, which was disposed of as per Ext.P4 judgment, permitting the petitioners to clear the liability in a phased manner. The case of the petitioners is that they have cleared substantial portion of liability and have filed Ext.P5 representation before the respondent Bank for some more indulgence. 2. The learned Counsel appearing for the respondent Bank submits on instruction that out of the remaining liability, if the petitioners deposit a sum of Rs.50000/- forthwith and the balance is cleared by way of two equal monthly installments thereafter, the coercive proceedings can be kept in abeyance for the time being. W.P.(C) No. 24616 of 2010 2 3. In the above circumstance, the petitioners are directed to deposit a sum of Rs. 50000/- (Rupees fifty thousand only) on or before 30.08.2010 and the balance shall be satisfied by way of two equal monthly installments, the first of which shall be effected on or before 30.09.2010 to be followed by next installment to be effected on or before 30.10.2010. Subject to the above, the recovery proceedings pursuant to Ext. P1 shall be kept in abeyance for the time being. If any default is committed in effecting the installments as above, the respondents will be at liberty to proceed with further steps for realisation of the entire amount in a lump. It is also made clear that no further petition for enlargement of time will be entertained under any circumstance. The Writ Petition is disposed of. P.R. RAMACHANDRA MENON, JUDGE. lk