IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE THOTTATHIL B.RADHAKRISHNAN WEDNESDAY, THE 18TH MARCH 2009 / 27TH PHALGUNA 1930 WP(C).No. 517 of 2009(J) ------------------------ PETITIONER(S): --------------- SAJIMON.K.P, S/O IBRAHIMKUTTY, KARIMALA PUTHENPARAMBIL, KANGAZHA.P.O, KANGAZHA VILLAGE, CHANGANASSERY TALUK. BY ADV. SRI.BABU CHERUKARA RESPONDENT(S): --------------- 1. AUTHORISED OFFICER, STATE BANK OF TRAVANCORE,MUNDATHANAM BRANCH, KOTTAYAM DIST. 2. MR.KRISHNA DAS, ADVOCATE,THEKKUMKAL BUILDINGS,KOTTAYAM-2. ADV. SRI.M.PATHROSE MATTHAI, SENIOR ADVOCATE FOR R1 SRI.SAJI VARGHESE FOR R1 THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 18/03/2009, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: THOTTATHIL B RADHAKRISHNAN, J ........................................... WP(C).NO. 517 OF 2009 ............................................ DATED THIS THE 18TH DAY OF MARCH, 2009 JUDGMENT The petitioner availed a loan from the State Bank of Travancore. That housing loan was not repaid in time. This led to action by the first respondent. There is no jurisdictional error or legal infirmity in the impugned proceedings. The petitioner has paid an amount of Rs.1,00,000/- following the interim order dated 6.1.2009. Taking that into consideration, it is ordered that all further recovery proceedings against the petitioner will stand deferred, if he remits @ Rs.25,000/- per month payable on or before the 28th of every month, commencing from April 2009, and thereby wipes off the entire outstandings, including accruals. If there is default in remitting any of the instalments as aforesaid, the benefit of this judgment will stand recalled automatically and respondents will be at liberty to proceed with further action. THOTTATHIL B RADHAKRISHNAN, JUDGE lgk/18/3