IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE K.M.JOSEPH THURSDAY, THE 23RD OCTOBER 2008 / 1ST KARTHIKA 1930 WP(C).No. 29818 of 2008(Y) -------------------------- PETITIONER(S): --------------- V.G.JOSEPH, S/O.GEORGE, AGED 36, VENNATTUPARAMBIL HOUSE, SANTHI NAGAR, CHENGALOOR POST, THRISSUR DISTRICT. BY ADV. SMT.SADHANA KUMARI E. SMT.BINDU M.A. SRI.N.AJITH RESPONDENT(S): --------------- 1. STATE BANK OF INDIA, THURAVU BRANCH, PUTHUKKAD, REPRESENTED BY ITS BRANCH MANAGER. 2. AUTHORIZED OFFICER, STATE BANK OF INDIA. SRI.K.K.CHANDRAN PILLAI, SC THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 23/10/2008, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: K.M. JOSEPH, J. ```````````````````````````````````````````````````` W.P.(C) No. 29818 OF 2008 Y ```````````````````````````````````````````````````` Dated this the 23rd day of October, 2008 J U D G M E N T Petitioner challenges Ext.P1. Ext.P1 is a possession notice issued by the bank. Learned counsel for the petitioner submits that the petitioner will pay a sum of Rs.30,000/- within one week and another sum of Rs.1 lakh within one month from today and the petitioner may be permitted to pay the balance amount in instalments. Learned counsel for respondents submits that after paying Rs.1,30,000/- as proposed by the petitioner, the petitioner may be given four months time to pay the balance amount in instalments. The petitioner is agreeable with the proposal. Accordingly, writ petition is disposed of as follows. Proceedings pursuant to Ext.P1 will be kept in abeyance on condition that the petitioner pays Rs.30,000/- within one week and a further sum of Rs.1 lakh within one month from today and pays the entire balance amount to be paid in four WPC.29818/08 : 2 : equal monthly instalments. The first instalment shall be paid on or before 10.12.2008 and further instalments are to be paid on or before 10th of the succeeding months. If the petitioner does not pay the amounts as aforesaid, the judgment will be recalled and it will be open to the respondents to proceed against the petitioner in accordance with law. Sd/- (K.M.JOSEPH, JUDGE) aks // TRUE COPY // P.A. TO JUDGE