IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE THOTTATHIL B.RADHAKRISHNAN FRIDAY, THE 15TH FEBRUARY 2008 / 26TH MAGHA 1929 WP(C).No. 5543 of 2008(I) ------------------------- PETITIONER: ------------ T.K.MURALEEDHARAN THANAPARAMBIL HOUSE, THAMARAYOOR PO, KOTTAPADY-VIA THRISSUR DISTRICT. BY ADV. SRI.NAGARAJ NARAYANAN SRI.SAIJO HASSAN SRI.A.S.SABU RESPONDENTS: ------------- THE GENERAL MANAGER GURUVAYOOR CO-OPERATIVE URBAN BANK LIMITED NO.F.1652, GURUVAYOOR. R1 BY STANDING COUNSEL SRI.D.J.DEVAPRASANTH. THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 15/02/2008, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: THOTTATHIL B.RADHAKRISHNAN, J. ------------------------------------------- W.P(C).No.5543 OF 2008 ------------------------------------------- Dated this the 15th day of February, 2008 JUDGMENT Petitioner is the brother of a defaulter, who, by postal endorsement available with the Bank, has left India. Petitioner is trying to save the property from distress action referable to dues recoverable by the first respondent. When the matter is taken up today, there is a mere consensus that if an amount of Rs.1,00,000/- is remitted on or before 29.2.2008 and the entire remaining amounts are wiped off before the end of the current financial year, the distress action will be dropped by waiving the penal interest. The writ petition is disposed of as above. Sd/- THOTTATHIL B.RADHAKRISHNAN, Judge kkb.