High Court of KeralaWP(C)/18093/2015disposed of

K.R Rajeev v. Thiruvananthapuram District Co-Oeprative Bank Ltd

2015-06-243 pages

IN THE HIGH COURT OF KERALA AT ERNAKULAM

PRESENT:

THE HONOURABLE MR.JUSTICE V.CHITAMBARESH WEDNESDAY, THE 24TH DAY OF JUNE 2015/3RD ASHADHA, 1937 WP(C).No. 18093 of 2015 (J) ---------------------------- PETITIONER(S)/PETITIONERS:

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1. K.R RAJEEV, AGED 50 YEARS S/O.RASAL, SIVC, RESIDING AT R G HOUSE UNNAVILA, KULATHOOR, UCHAKADA P O NEYYATTINKARA TALUK, PIN 695506

2. N GIRIJA, AGED 47 YEARS W/O.K.R.RAJEEV, SIVC, RESIDING AT R.G. HOUSE UNNAVILA, KULATHOOR, UCHAKADA P.O., NEYYATTINKARA TALUK, PIN 695506 BY ADVS.SRI.M.RAMASWAMY PILLAI SMT.PREETHY R. NAIR RESPONDENT(S)/RESPONDENTS:

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1. THIRUVANANTHAPURAM DISTRICT CO-OEPRATIVE BANK LTD., HEAD OFFICE, EAST FORT THIRUVANANTHAPURAM REPRESENTED BY ITS BRANCH MANAGER 695001

2. THIRUVANANTHAPURAM DISTRICT CO-OPERATIVE BANK LTD., EVENING BRANCH, UCHAKADA REPRESENTED BY ITS BRANCH MANAGER 695001 R1 & 2 BY ADV. SRI.T.R.HARIKUMAR, SC, THIRUVANANTHAPURAM DIST.CO.OP.BANK THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 24-06-2015, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING:

WP(C).No. 18093 of 2015 (J) ---------------------------- APPENDIX PETITIONER(S)' EXHIBITS ---------------------------- P1:-TRUE COPY OF THE NOTICE DTD 10/4/2015 ISSUED BY THE IST RESPONDENT TO THE IST PETITIONER WITH ENGLISH TRANSLATION. P1(A):-TRUE COPY OF THE NOTICE DTD 10/4/2015 ISSUED BY THE IST RESPONDENT TO THE 2ND PETITIONER WITH ENGLISH TRANSLATION. RESPONDENT(S)' EXHIBITS : NIL.

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

V.CHITAMBARESH, J.

--------------------- W.P (C) No.18093 of 2015 --------------------- Dated this the 24th day of June, 2015

J U D G M E N T

All that the petitioners seek is easy instalments to pay the defaulted arrears and regularise the mortgage loan. The period of the loan expires in the year 2017 and the outstanding arrears come to about ` 2,10,000/- (as on 10/4/2015).

2. I permit the petitioners to pay the defaulted arrears in 8 equal monthly instalments starting from 31.7.2015. This will be in addition to the equated monthly instalments which the petitioners are otherwise obliged to pay. The coercive steps pursuant to Ext.P1 series notices shall be put on hold if the petitioners comply with the conditions in time. The coercive steps shall surge ahead if the petitioners commit default in the payment of any one of the instalments as directed.

The Writ Petition is disposed of.

Sd/- V.CHITAMBARESH, Judge.

nj.