IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE K.M.JOSEPH MONDAY, THE 2ND MARCH 2009 / 11TH PHALGUNA 1930 WP(C).No. 6737 of 2009(J) ------------------------- PETITIONER(S): --------------- 1. SUBAIDA MUHAMMADALI (BORROWER) W/O.MUHAMMADALI P.H., PUTHIYEDATHU HOUSE, KANGAZHA P.O., KOTTAYAM DISTRICT. 2. MUHAMMADALI P.H., S/O.HASSAN BAVA, PUTHIYEDATHU HOUSE, KANGAZHA P.O., KOTTAYAM DISTRICT. BY ADV. SRI.LIJI.J.VADAKEDOM RESPONDENT(S): --------------- 1. AUTHORISED OFFICER (CHIEF MANAGER), STATE BANK OF TRAVANCORE, REGIONAL OFFICE, KOTTAYAM. 2. MANAGER, STATE BANK OF TRAVANCORE, EDAYARIKKAPPUZHA BRANCH, PATHANADU. 3. UNION OF INDIA, REPRESENTED BY THE SECRETARY TO FINANCE DEPARTMENT, NEW DELHI. BY SC SRI SAJI VARGHESE R3 BY ASST.SOLICITOR GENERAL SRI P PARAMESWARAN NAIR THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 02/03/2009, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: K.M.JOSEPH, J ........................................... WP(C).NO. 6737 OF 2009 ............................................ DATED THIS THE 2ND DAY OF MARCH, 2009 JUDGMENT Heard learned counsel for the petitioner and learned counsel for respondent, Bank. Writ petitioner seeks only instalment facility to pay off the amount to the bank. Writ petition is disposed of as follows. The recovery steps will be kept in abeyance on condition that the petitioner remits a sum of Rs.50,000/- on or before 25th March, 2009 and the balance amount in four equal monthly instalments, first of which shall be payable on or before 1st May, 2009. Further instalments to be paid on or before the first working day of every succeeding months. If the initial payment of Rs.50,000/- is not paid before 25th March, 2009 or any of the instalments are defaulted, petitioner will lose the benefit of this judgment and it will be open to respondent, Bank to proceed against the petitioner in accordance with law. K.M.JOSEPH, JUDGE lgk