IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE S.SIRI JAGAN WEDNESDAY, THE 31ST AUGUST 2011 / 9TH BHADRA 1933 WP(C).No. 22756 of 2011(T) --------------------------------- PETITIONER(S): --------------- RAVUNNYKUTTY.V, AGED 49 YEARS, S/O. KRISHNANUNNY PANICKER, VADAKKUMPATTHEKEYIL VEEDU, POOKAYIL, TIRUR.P.O, PIN - 676 107, MALAPPURAM DISTRICT. BY ADV. SRI.T.O.XAVIER RESPONDENT(S): --------------- 1. THE MANAGER, VIJAYA BANK, TIRUR- 676 101. 2. THE DEPUTY TAHSLDAR, REVENUE RECOVERY, TIRUR-676 101. 3. THE STATE OF KERALA, REPRESENTED BY ITS REVENUE SECRETARY TO GOVERNMENT, GOVERNMENT SECRETARIAT, TRIVANDRUM-695 001. GOVERNMENT PLEADER SRI. C.K. GOVINDAN THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 31/08/2011, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: WP(C).No. 22756 of 2011(T) APPENDIX PETITIONER'S EXHIBITS EXT.P1: COPY OF NOTICE DATED 20.11.2010 ISSUED BY R2. EXT.P2: COPY OF REPRESENTATION DTD 23.12.2010 SUBMITTED BY THE PETITIONER. RESPONDENTS' EXHIBITS: NIL. TRUE COPY PA TO JUDGE. acd S. SIRI JAGAN, J. ------------------------------------------- W.P.(C) No.22756 OF 2011 ---------------------------------------------- Dated this the 31st day of August, 2011 JUDGMENT The petitioner availed of a loan from the 1st respondent bank. The petitioner defaulted repayment of the same. Revenue recovery proceedings are being initiated. The petitioner submits that the interest rate is exorbitant. 2. The learned Standing Counsel for the 1st respondent bank points out that the interest rate is contractual and only the interest rate fixed in the loan agreement is being collected. 3. In the above circumstances, the petitioner seeks permission to approach the bank for reduction in interest. 4. Accordingly, the writ petition is disposed of with the following directions: If the petitioner files a representation before the 1st respondent, the same shall be considered in accordance with the bank's rules and policies, as expeditiously as possible, at any rate, within one month from the date of receipt of the representation. S. SIRI JAGAN, JUDGE acd