IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE C.N.RAMACHANDRAN NAIR FRIDAY, THE 5TH JANUARY 2007 / 15TH PAUSHA 1928 WP(C).No. 638 of 2007(A) ------------------------ PETITIONER: ------------ A.V.SUBRAMANIAN, S/O.THEYYAN, ATTINGAL VALAPPIL HOUSE, KALADY P.O., KALADY VILLAGE, MALAPPURAM DISTRICT. BY ADV. SRIC.M.MOHAMMED IQUABAL RESPONDENTS: ------------- 1. THE MANAGER, STATE BANK OF TRAVANCORE, KUTTIPPURAM BRANCH, P.O.KUTTIPPURAM, MALAPPURAM (DT). 2. STATE BANK OF TRAVANCORE, REGION III, ZONAL OFFICE, KOZHIKODE, REPRESENTED BY CHIEF MANAGER (ADVANCES). BY ADV. SRI.SAJI VARGHESE, SC THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 05/01/2007, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: C.N.RAMACHANDRAN NAIR, J. .................................................................... W.P.(C) No.638 of 2007 .................................................................... Dated this the 5th day of January, 2007. JUDGMENT Heard counsel for the petitioner and Standing Counsel for SBT. Since counsel for the petitioner submitted that petitioner is willing to clear the arrears in three months time in instalments, W.P. is disposed of granting instalment facility to the petitioner to clear the arrears as follows. The petitioner will pay one third before 20.2.2007 and the balance two instalments on or before 20th of the two succeeding months. Recovery proceedings will be kept in abeyance for payment as above and if default is committed in payment of any instalment, the instalment facility will stand automatically cancelled and respondents will proceed for recovery of entire arrears. C.N.RAMACHANDRAN NAIR Judge pms