IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE K.M.JOSEPH THURSDAY, THE 8TH JANUARY 2009 / 18TH POUSHA 1930 WP(C).No. 37213 of 2008(E) -------------------------- PETITIONER(S): --------------------- N.JITHENDRAKUMAR, S/O.K.GOPALAKRISHNAN, NAMBLAKATH HOUSE KAVALAM PO., MUKUNDAPURAM TALUK. BY ADV. SRI.V.M.KRISHNAKUMAR RESPONDENT(S): ------------------------ 1. STATE BANK OF INDIA, REP. BY BRANCH MANAGER, KAVALAM, MUKUNDAPURAM TALUK. 2. TAHSILDAR, TALUK OFFICE, MUKUNDAPURAM, IRINJALAKUDA. 3. VILLAGE OFFICER, VILLAGE OFFICE, KAVALAM BY GOVT. PLEADER SRI. C.K. GOVINDAN. THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 08/01/2009, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: K.M.JOSEPH, J. - - - - - - - - - - - - - - - - - - - - - - - - - WP.(C) No.37213 of 2008 - - - - - - - - - - - - - - - - - - - - - - - - - Dated this the 8th day of January, 2009 JUDGMENT Petitioner availed a loan. There was default. Petitioner challenges recovery proceedings. 2. Heard learned counsel for the petitioner Sri.V.M.Krishna Kumar, Sri.K.K.Chandran Pillai, learned counsel for the Bank and the learned Government Pleader. 3. Learned counsel for the petitioner submits that petitioner may be given some time to pay off the amount. I feel that the petitioner can be permitted to pay off the amount due to the Bank in seven equal monthly instalments after payment of Rs.15,000/- initially. Accordingly, the writ petition is disposed of as follows: Recovery proceedings against the petitioner will be kept in abeyance if the petitioner pays Rs.15,000/- within one month from today and continues to pay the balance amount in seven equal monthly instalments, the first of which shall be payable on or before 10.3.2009 and the further intalments on or before the 10th of the succeeding months. A statement will be given by the respondent Bank within one month from today showing the instalment payable by the petitioner in terms of this WPC.37213/2008. 2 judgment. If the petitioner fails to pay Rs.15,000/- within one month from today or any of the instalment, he will lose the benefit of this judgment and it will be open to the respondents to proceed against the petitioner in accordance with law. (K.M. JOSEPH, JUDGE) sb