IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE P.R.RAMACHANDRA MENON WEDNESDAY, THE 6TH JANUARY 2010 / 16TH POUSHA 1931 WP(C).No. 37588 of 2009(P) -------------------------- CMP.2299/2008 of C.J.M.,TRIVANDRUM .................... PETITIONER: --------------- PRAJU.P.G,R.P.N.NIVAS,KODANGAVILA, NEYYATTINKARA,THIRUVANANTHAPURAM. BY ADV. SRI.LIJU. M.P SRI.A.YAHIAKHAN RESPONDENTS: --------------- 1. THE BRANCH MANAGER,DEWAN HOUSING FINANCE CORPN.LTD,PARAMESWARA TOWER,VAZHUTHACAUD, THIRUVANANTHAPURAM. 2. THE AUTHORIZED OFFICER,DEWAN HOUSING FINANCE CORPN.LTD,PARAMESWARA TOWER, VAZHUTHACAUD,THIRUVANANTHAPURAM. BY SRI.PAULOCHAN SC THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 06/01/2010, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: P.R.RAMACHANDRA MENON, J ----------------------------- W.P(C) No. 37588 of 2009 -P ------------------------------ Dated this the 6th day of January, 2010. J U D G M E N T The learned counsel for the respondents submits that, pursuant to the satisfaction of the defaulted arrears, the respondents have regularized the account and that the coercive steps are not intended to be pursued any further, subject to the condition that the petitioner shall continue to effect the payment as scheduled under the loan transaction. In the above circumstances, the submission made as above is recorded and the petitioner is directed to continue to effect the due payments as scheduled. It is made clear that, if any default is made by the petitioner, the respondent bank will be at liberty to proceed with further steps for realisation of the amounts due. Sd/- P.R.RAMACHANDRA MENON JUDGE //TRUE COPY// ab P. A TO JUDGE