IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE THOTTATHIL B.RADHAKRISHNAN WEDNESDAY, THE 11TH FEBRUARY 2009 / 22ND MAGHA 1930 WP(C).No. 36716 of 2008(U) -------------------------- PETITIONER(S): --------------- K.V.AMPILI, D/O.VEENADHARAN, KOCHUVEEDU MELKULANGARA, VAYAKKA.P.O, KOTTARAKKARA, KOLLAM DISTRICT. BY ADV. SRI.B.MOHANLAL RESPONDENT(S): --------------- 1. THE JOINT RIGISTRAR OF CO-OPERATIVE SOCIETIES, COLLECTORATE, KOLLAM. 2. THE KOLLAM DISTRICT CO-OPERATIVE BANK REPRESENTED BY ITS GENERAL MANAGER, CHINNAKKADA, KOLLAM. 3. THE KOLLAM DISTRICT CO-OPERATIVE BANK, KOTTARAKKARA BRANCH, REPRESENTED BY ITS MANAGER. By GP SRI K C SANTHOSH KUMAR FOR R1 BY SC SRI B VINOD FOR R2 AND R3 THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 11/02/2009, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: THOTTATHIL B RADHAKRISHNAN, J ........................................... WP(C).NO. 36716 OF 2008 ............................................ DATED THIS THE 11TH DAY OF FEBRUARY, 2009 JUDGMENT The petitioner availed a loan from the second respondent through third respondent, Branch. According to her, she need pay only Rs.24,000/- as balance amount due under a scheme of settlement. That amount of Rs.24,000/- has been paid, following the interim order dated 12.12.2008. The bank has filed a counter affidavit that after giving credit to that amount of Rs.24,000/-, the petitioner has to pay an amount of Rs.74,763/- with interest from 15.12.2008. There is no reply affidavit contradicting that stand of respondents 2 and 3. All that the petitioner states is that the bank be directed to slash the interest component. 2. Learned counsel for the bank points out that the bank has acted strictly in terms of Ext.R2(a) circular. Under the aforesaid circumstances, this writ petition is ordered directing that if the petitioner remits an amount of Rs.74,763/- with interest thereon from 15.12.2008, the transaction will be closed. Further, after remitting 75% of such amount, if the petitioner makes a representation to reduce the total outstandings, bank will consider that sympathetically, WP(C) 36716/2008 2 provided payment as aforesaid is made within a period of two months from now. THOTTATHIL B RADHAKRISHNAN, JUDGE lgk/16/2