IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE THOTTATHIL B.RADHAKRISHNAN TUESDAY, THE 2ND DECEMBER 2008 / 11TH AGRAHAYANA 1930 WP(C).No. 31074 of 2008(Y) -------------------------- PETITIONER: --------------- M.MAYAKUMARI, PADIYANATHU VEEDU, KANNIMELCHERRY, KAVANAD P.O. KOLLAM. BY ADV. SRI.S.SANTHOSH KUMAR RESPONDENTS: --------------- 1. THE QUILON CO-OPERATIVE URBAN BANK LTD. NO.690, HEAD OFFICE, YMCA ROAD, KOLLAM-1 REP.BY ITS GENERAL MANAGER. 2. THE AUTHORISED OFFICER (GENERAL MANAGER) THE QUILON CO-OPERATIVE URBAN BANK LTD. NO.960, HEAD OFICE, YMCA ROAD, KOLLAM-1 ADV. SRI.N.DHARMADAN (SR.) FOR R1 SMT.D.P.RENU FOR R1 THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 02/12/2008, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: THOTTATHIL B. RADHAKRISHNAN, J. ---------------------------------------------- W.P(C)No.31074 of 2008-Y --------------------------------------------- Dated this the 2nd day of December, 2008. J U D G M E N T The learned counsel for the respondents bank, on instructions, submits that after the deposit of amount covered by the interim order, the petitioner could seek regularisation of the transaction on deposit of further amounts outstanding, as covered by the defaulted instalment and certain incidental accruals, which the petitioner would re-pay at the earliest. Recording this submission, it is ordered that if the petitioner pays the remaining amount which would be treated as part of the defaulted instalments and other accruals thereon in three equal monthly instalments, payable on or before the 25th of every month, commencing from December 2008 and continues to remit the monthly instalments from January 2009 in terms of contract between the parties, the bank shall regularise the transaction. All other issues are left open. This writ petition is ordered accordingly. THOTTATHIL B. RADHAKRISHNAN, ab/ 2/12 JUDGE