High Court of KeralaWP(C)/308/2015disposed of

Mini Anilkumar v. The Manager, Kerala State Co-Operative Bank Limited

2015-01-06Honourable Mr.Justice V.Chitambaresh3 pages

IN THE HIGH COURT OF KERALA AT ERNAKULAM

PRESENT:

THE HONOURABLE MR.JUSTICE V.CHITAMBARESH TUESDAY, THE 6TH DAY OF JANUARY 2015/16TH POUSHA, 1936 WP(C).No. 308 of 2015 (K) -------------------------- PETITIONER:

------------------- MINI ANILKUMAR, W/O. ANIL KUMAR P.P., THANNIMALAYIL HOUSE, MANAVAYAL P.O., PULPALLY, NOW RESIDING AT HOUSE NO. 118 B, SHANTHI NAGAR, SULTHAN BATHERI P.O., WAYANAD - 673 592.

BY ADVS.SRI.C.M.NAZAR SRI.MANSOOR.B.H.

RESPONDENT:

---------------------- MANAGER, KERALA STATE CO-OPERATIVE BANK LIMITED, WAYANAD BRANCH, LEO HOSPITAL ROAD, KALPETTA, WAYANAD - 673 121.

BY SRI.GEORGE POONTHOTTAM, SC, KERALA STATE CO.OP BANK THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 06-01-2015, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING:

WP(C).No. 308 of 2015 (K) APPENDIX PETITIONER(S)' EXHIBITS EXHIBIT P1 - TRUE COPY OF THE NOTICE DATED 23/12/2008 ISSUED BY THE RESPONDENT.

RESPONDENT(S)' EXHIBITS : NIL /TRUE COPY/ P.A. TO JUDGE.

V. CHITAMBARESH, J -------------------------------- WP(C) NO. 308 OF 2015 ------------------------------------ Dated this the 6th day of January, 2015

JUDGMENT

All that the petitioner prays is for easy instalments to pay the loan arrears and to defer the coercive steps in the meanwhile. The respondent points out that the total outstanding liability of the petitioner now exceeds `9,00,000/- (Rupees Nine lakhs only).

I permit the petitioner to pay the amount due in ten equal monthly instalments starting from 02.02.2015. The coercive steps pursuant to Ext.P1 notice shall be put on hold if the petitioner complies with the conditions in time. The coercive steps can surge ahead if the petitioner commits default in the payment of any one of the instalments as directed above. The Writ Petition is disposed of.

V. CHITAMBARESH JUDGE ncd