IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE THOTTATHIL B.RADHAKRISHNAN TUESDAY, THE 15TH JANUARY 2008 / 25TH POUSHA 1929 WP(C).No. 497 of 2008(H) ---------------------------------- PETITIONER: ------------------- AISHA, W/O. LATE MOHAMMAD ISMAIL, THENAMMAKKAL HOUSE, KANJIRAPPALLY. BY ADV. SRI.T.I.ABDUL SALAM RESPONDENTS: ------------------------ 1. THE AUTHORISED OFFICER, UNDER THE SECURITISATION AND RE-CONSTRUCTION OF FINANCIAL ASSETS AND ENFORCEMENT OF SECURITY INTEREST ACT, KOTTAYAM DISTRICT CO-OPERATIVE BANK, KOTTAYAM. 2. THE KOTTAYAM DISTRICT CO-OPERATIVE BANK, KANJIRAPPALLY MAIN BRANCH, KANJIRAPPALLY, REPRESENTED BY IT'S MANAGER. BY ADV. SRI.T.R.HARIKUMAR,SC,KTM DIST CO.BANK & SRI.V.G.ARUN THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 15/01/2008, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: THOTTATHIL B.RADHAKRISHNAN, J. ----------------------------------- W.P.(C).No.497 of 2008-H ------------------------------------ Dated this the 15th day of January, 2008. J U D G M E N T In view of Ext.P2 judgment, the petitioner confines his request to facilitate him to pay off the entire outstandings. (2). Having heard the learned counsel for the petitioner and the learned counsel for the Bank, this writ petition is disposed of, directing that, if the petitioner remits the entire outstandings as per Ext.P1, in 5 equal monthly instalments, payable on or before the last working day of every month, commencing from January, 2008, the impugned action shall be dropped. (3). However, if there is default in remitting any of the instalments as aforesaid, the benefit of this judgment will stand recalled automatically and the respondent will be at liberty to proceed forth with. The Writ Petition is disposed of as above. THOTTATHIL B.RADHAKRISHNAN, JUDGE. MS