IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE K.M.JOSEPH FRIDAY, THE 16TH JANUARY 2009 / 26TH POUSHA 1930 WP(C).No. 36666 of 2008(M) -------------------------- PETITIONER(S): --------------------- GEORGE JOSEPH, AGED 48 YEARS, S/O VARKEY JOSEPH, MANATHARA HOUSE, PUNNAKUNNAM, PULINKUNNU, ALAPPUZHA. BY ADV. SRI.S.SHANAVAS KHAN RESPONDENT(S): ------------------------ 1. THE KERALA FINANCIAL CORPORATION, REPRESENTED BY ITS MANAGING DIRECTOR, VELLAYAMBALAM, THIRUVANANTHAPURAM. 2. THE DISTRICT MANAGER, KERALA FINANCIAL CORPORATION, DISTRICT OFFICE, KUMARANASAN SMARAKA MANDIRAM, COURT ROAD, ALAPPUZHA. 3. THE AUTHORISED OFFICER/DEPUTY TAHSILDAR (REVENUE RECOVERY)KERALA FINANCIAL CORPORATION, DISTRICT OFFICE,ALAPPUZHA. 4. THE VILLAGE OFFICER, CHAMBAKULAM, KUTTANAD. R1 & R2 BY SC SRI. S.SREEKUMAR. R3 BY GOVT. PLEADER SRI. BEJOY CHANDRAN. THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 16/01/2009, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: K.M.JOSEPH, J. - - - - - - - - - - - - - - - - - - - - - - - - - WP.(C) No.36666 of 2008 - - - - - - - - - - - - - - - - - - - - - - - - - Dated this the 16th day of January, 2009 JUDGMENT Petitioner availed two loans. But the petitioner has sought to set up a case that there was gross delay in disbursing the amount, the entire amount was not disbursed and the unit could not be started due to the non- disbursal of the amount. Petitioner is now faced with recovery proceedings. There is an attachment. 2. I heard learned counsel for the petitioner, learned Standing Counsel and the learned Government Pleader. 3. Learned Standing Counsel for the Bank points out that petitioner was given the benefit of one time settlement scheme and the amount due as on 1.12.2008 is Rs.22,00,000/-. Having regard to the facts, the writ petition is disposed of as follows: The second respondent will serve a statement on the petitioner within two weeks from today showing the exact amount payable by the petitioner. Petitioner is granted nine instalments to pay the amount due, the first of which shall be payable on or before 10.2.2009, and the further instalments on or before the 10th of the succeeding months. In the WPC.36666/2008. 2 statement, the second respondent will indicate the exact amount of instalment to be paid by the petitioner in terms of this judgment. If the petitioner does not remit any single instalment, petitioner will lose the benefit of this judgment and the respondents are free to proceed against the petitioner in accordance with law. (K.M. JOSEPH, JUDGE) sb