IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE ANTONY DOMINIC FRIDAY, THE 11TH JANUARY 2008 / 21ST POUSHA 1929 WP(C).No. 716 of 2008(I) ------------------------ PETITIONER: ------------ SRI.VISWAMBARAN S/O. THIRUTHOLI KOCHUKUTTAN THIRUTHOLI HOUSE, THAIKKATTUSSERY THRISSUR. BY ADV. SRI.C.PRABIN BENNY RESPONDENTS: ------------- 1. ANDHRA BANK,TRICHUR BRANCH,REPRESENTED BY ITS MANAGER. 2. THE BRANCH MANAGER, ANDHRA BANK,TRICHUR BRANCH,M.G.ROAD, TRISSUR. 3. PRASANNA PANICKER AUTHORISED OFFICER, ANDHRA BANK,ERNAKULAM,M.G.ROAD,ERNAKULAM. R1 BY ADV. SRI.ABRAHAM MATHEW (VETTOOR) THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 11/01/2008, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: ANTONY DOMINIC, J. ------------------------------------ W.P.(C) 716 of 2008 ------------------------------------- Dated: January 11, 2008 JUDGMENT Petitioner had availed of a loan from the respondent bank and the bank has initiated proceedings against the petitioner. Although several contentions have been raised by the counsel for the petitioner in the pleadings, when the matter has taken up for hearing, the request was confined to one for instalment. On this, I heard the counsel for the respondent bank also. 2. After hearing both sides, I dispose of the writ petition on the following terms:- From out of the total liability of Rs.12 lakhs due to the bank, before 31st March 2008 the petitioner shall ensure that 50% thereof is paid. Thereafter the balance due will be permitted to be paid in two equal monthly instalments payable on or before 30th April 2008 and 31st May 2008. Subject to payment as above, further proceedings will stand deferred and if default is committed, it will be open to the bank to continue the action without further notice. ANTONY DOMINIC, JUDGE