IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE K.M.JOSEPH FRIDAY, THE 16TH JANUARY 2009 / 26TH POUSHA 1930 WP(C).No. 1788 of 2009(K) ------------------------- PETITIONER(S): --------------- S.K.JAYACHANDRAN, SHEEJA NIVAS, MAMPAZHAKKARA, PERUMPAZHATHUR P.O., NEYYATTINKARA. BY ADV. SRI.T.RAVIKUMAR RESPONDENT(S): --------------- 1. KERALA STATE FINANCIAL ENTERPRISES LTD., BADRATHA, P.B.NO.510, MUSEUM ROAD, TRICHUR REPRESENTED BY THE BRANCH MANAGER, NEYYATTINKARA. 2. THE SPECIAL DEPUTY TAHSILDAR (RR), KSFE LTD., NEYYATTINKARA. BY M.L.SAJEEV, SC THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 16/01/2009, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: K.M. JOSEPH, J. ```````````````````````````````````````````````````` W.P.(C) No. 1788 OF 2009 K ```````````````````````````````````````````````````` Dated this the 16th day of January, 2009 J U D G M E N T Petitioner availed a loan from the 1st respondent and it is not repaid in full. Recovery steps are initiated which resulted in property of the petitioner being brought to sale. 2. I heard both sides. Learned counsel for the petitioner would point out that the petitioner is in acute financial difficulty and he prays that the petitioner may be given time to pay the amount after a statement is served on him in instalments. 3. Having regard to the facts, writ petition is disposed of as follows. Proceedings pursuant to Ext.P4 will be kept in abeyance on condition that the petitioner will pay of the entire amount due in 8 instalments. The first instalment which will consist of Rs.60,000/- is to be paid on or before 19.1.2009. Upon the payment of the amount of Rs.60,000/-, within ten days thereof, the 1st respondent will serve a statement on the petitioner showing the amount remaining to be paid, also fixing the exact amount of instalments WPC.1788/09 : 2 : to be paid by the petitioner in terms of this judgment. The first instalment is to be paid on or before 12.2.2009. The further instalments are to be paid on or before the 12th day of every succeeding months. If the petitioner does not pay either Rs.60,000/- on or before 19.1.2009 or any of the instalments, it will be open to the respondents to proceed against the petitioner. (K.M.JOSEPH, JUDGE) aks