IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE V.GIRI MONDAY, THE 8TH JUNE 2009 / 18TH JYAISHTA 1931 WP(C).No. 14347 of 2009(K) -------------------------- PETITIONER(S): --------------- SAJU JOSE,S/O.V.J.JOSEPH,AGED 34, RESIDING AT G-1383,PANORAMA RESIDENCY, KUMARANASAN ROAD, KALOOR.PO,COCHIN-17. BY ADV. SRI.K.G.SARATHKUMAR RESPONDENT(S): --------------- THE CHIEF MANAGER,STATE BANK OF INDIA, P B B,ERNAKULAM,DOOR NO. 37/2022 B & E,S.C.BOSE ROAD,JAWAHAR NAGAR,ERNAKULAM. BY SC SRI.K.K.CHANDRAN PILLAI THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 08/06/2009, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: V.GIRI, J ------------------- W.P.(C).14347/2009 -------------------- Dated this the 8th day of June, 2009 JUDGMENT Heard learned counsel for the petitioner, Mr.Sarath Kumar and learned Standing Counsel Mr.Chandran Pillai. 2. Petitioner has defaulted repayment of a personal loan availed by him from the respondent as per loan account No.10035749681. The schedule of repayment was 48 monthly instalments of Rs.5,170/- per month. 3. Mr.Chandran Pillai submits that the Bank is prepared to accept payment in four instalments. Having regard to the facts and circumstances, writ petition is disposed of directing the respondent to offer the petitioner a facility to repay the loan in eight equal monthly instalments, first instalment commencing from 1st July, 2009. If there is default in repayment of the instalements, this facility shall W.P.(C).14347/2009 2 stand cancelled and the respondent would be entitled to proceed with the recovery of the loan straight away. V.GIRI, Judge mrcs