IN THE HIGH COURT OF KERALA AT ERNAKULAM
PRESENT
THE HONOURABLE MR. JUSTICE T.R.RAVI
FRIDAY, THE 17TH DAY OF JUNE 2022 / 27TH JYAISHTA, 1944
WP(C) NO. 18446 OF 2022
PETITIONER:
BIJI VIJAYAN,
AGED 43 YEARS, D/O.VIJAYAN,
ULAKKAPADIVANKAL(H),
CHERUKOL, VAYALATHALA P.O.,
PATHANAMTHITTA DISTRICT-689 649.
BY ADV G.VIDYA
RESPONDENT:
THE KERALA STATE CO-OPERATIVE BANK LTD.
REPRESENTED BY THE MANAGER,
MAIN BRANCH, PATHANAMTHITTA,
PIN-689 645.
BY ADV N.RAGHURAJ
THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON
17.06.2022, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING:
WP(C) NO. 18446 OF 2022
2
T.R. RAVI, J.
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W. P. (C). No. 18446 of 2022
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Dated this the 17th day of June, 2022
JUDGMENT
Admit. Standing counsel takes notice for the respondent.
2. The prayer in this writ petition is for permission to pay the outstanding amounts due to the respondent Bank in equated monthly instalments. The standing counsel on instructions submits that the loan was availed in 2019 and it became a non-performing asset in 2020. It is submitted that the present outstanding is ₹1,92,264/-.
3. In view of the difficulty expressed by the petitioner for paying the entire amount, this writ petition is disposed of directing the petitioner to pay the amount outstanding in 12 equated monthly instalments, the 1st instalment falling due on or before 20.07.2022 and the subsequent instalments falling due on or before the 20 th of the succeeding months. If the petitioner makes default of any two consecutive instalments, the respondents are free to proceed with the steps for recovery. Steps for recovery shall be kept in abeyance to facilitate the payment in instalments.
Sd/-
T.R. RAVI JUDGE Pn WP(C) NO. 18446 OF 2022 3 APPENDIX OF WP(C) 18446/2022 PETITIONER'S EXHIBITS Exhibit P1 THE TRUE COPY OF NOTICE DATED 09.02.2022.