IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE THOTTATHIL B.RADHAKRISHNAN MONDAY, THE 3RD MARCH 2008 / 13TH PHALGUNA 1929 WP(C).No. 7122 of 2008(W) ------------------------- PETITIONER: ------------ MURALEEDHARAN NAIR,AGED 62 YEARS S/O. V.S. NARAYANAN NAIR, PARAMESHWARATH, VALLOMKULA, THIRUVALLA,PATHANAMTHITTA DISTRICT. BY ADV. SRI.C.S.MANU SRI.S.K.PREMRAJ SRI.ANOOP JOSEPH SRI.ANOOP.V.NAIR SRI.ABHILASH AKBAR SRI.T.B.SIVAPRASAD RESPONDENTS: ------------- 1. THIRUVALLA EAST CO-OPERATIVE BANK NO. 3260,ERAVIPEROOR P.O. PATHANAMTHITTA REPRESENTED BY GENERAL MANAGER. 2. GENERAL MANAGER (AUTHORISED OFFICER) THIRUVALLA EAST CO-OPERATIVE BANK NO. 3260,ERAVIPEROOR P.O. PATHANAMTHITTA. 3. THE SECRETARY THIRUVALLA EAST CO-OPERATIVE BANK NO. 3260,ERAVIPEROOR P.O. PATHANAMTHITTA. BY ADV.SRI P.HARIDAS THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 03/03/2008, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: THOTTATHIL B. RADHAKRISHNAN, J. ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ W.P.(C) No. 7122 of 2008-W ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ ~ Dated this the 3rd day of March, 2008 J U D G M E N T Respondents have classified the loan of the petitioner as the one liable to be treated as N.P.A if the demand made in Ext.P2 is not satisfied. Ext.P2 is dated 02/01/2008. The time fixed for payment is 60 days. Therefore, the liability to be classified as NPA will be from the end of current financial year. The learned counsel for the bank submits that if the entire amounts have been remitted before the end of March 2008, the recovery proceedings would be dropped. This is obviously true. However, Ext.P3 dated 26/02/2008 is produced and this writ petition is filed on 28/2/2008 seeking directions for consideration of Ext.P3. The only plea therein is that the petitioner will wipe off the outstandings within a period of four months. This writ petition is closed without expressing anything on merits and without prejudice to the right of the petitioner to pursue remedies before the bank on Ext.P3. THOTTATHIL B. RADHAKRISHNAN, Judge ms