High Court of KeralaWP(C)/3539/2015disposed of

Shejna Akbar Shah v. Authorised Officer The Thrissur District Co-Operative Bank Ltd 60

2015-02-04Honourable Mr.Justice V.Chitambaresh3 pages

IN THE HIGH COURT OF KERALA AT ERNAKULAM

PRESENT:

THE HONOURABLE MR.JUSTICE V.CHITAMBARESH WEDNESDAY, THE 4TH DAY OF FEBRUARY 2015/15TH MAGHA, 1936 WP(C).No. 3539 of 2015 (N) --------------------------- PETITIONER(S):

----------------- SHEJNA AKBAR SHAH, AGED 22 YEARS W/O.AKBAR SHAH THERUVATH MOIDUTTY, THERUVATH HOUSE, KADAPPURAM P.O., THRISSUR, PIN - 680 514 BY ADV. SRI.RAJIT RESPONDENT(S):

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1. AUTHORISED OFFICER, THE THRISSUR DISTRICT CO-OPERATIVE BANK LTD. 60, SAHAKARANA SADAPTHY MANDHIRAM KOVILAKATHUMPADAM THRISSUR - 680 022

2. THE THRISSUR DISTRICT CO-OPERATIVE BANK LTD. 60, CHAVAKKAD BRANCH CHAVAKKAD CENTRE, THRISSUR DISTRICT REPRESENTED BY THE BRANCH MANAGER - 680 022.

R BY SRI.C.A.MAJEED, SC, THRISSUR DISTRICT CO.OP. BANK THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 04-02-2015, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING:

WP(C).No. 3539 of 2015 (N) --------------------------- APPENDIX PETITIONER(S)' EXHIBITS ---------------------------- P1- TRUE COPY OF THE RELEVANT PORTION OF THE ADVERTISEMENTS TAKEN OF THE RESPONDENTS UNDER THE PROVISIONS OF THE SECURITIZATION ACT. RESPONDENT(S)' EXHIBITS : NIL.

------------------------------- //TRUE COPY// P.S. TO JUDGE.

V.CHITAMBARESH, J.

--------------------- W.P (C) No.3539 of 2015 --------------------- Dated this the 4th day of February, 2015

J U D G M E N T

All that the petitioner prays is for easy instalments to pay the overdue amount and get the loan account regularised. The overdue amount comes to about `. 2,30,000/- and there is time enough for the repayment of the entire loan.

2. I permit the petitioner to pay the overdue amount in 4 equal monthly instalments starting from 28.2.2015. This will be in addition to the equated monthly instalments which the petitioner is otherwise obliged to pay. Coercive steps pursuant to Ext.P1 notice shall be put on hold if the petitioner complies with the conditions in time. The coercive steps shall surge ahead if the petitioner commits default in the payment of any one of the instalments as directed. The Writ Petition is disposed of.

Sd/- V.CHITAMBARESH, Judge.

nj.