IN THE HIGH COURT OF KERALA AT ERNAKULAM
PRESENT
THE HONOURABLE MR. JUSTICE T.R.RAVI
FRIDAY, THE 13TH DAY OF MAY 2022 / 23RD VAISAKHA, 1944
WP(C) NO. 14599 OF 2022
PETITIONER:
SREEKALA T.
AGED 54 YEARS
D/O. K. THANKAPPAN, FLAT NO. 703 G,
DD GOLDEN GATE, MLA ROAD, PALACHUVADU,
KAKKANAD P.O, PIN - 682 030
BY ADVS.
M.S.UNNIKRISHNAN
K.SUNIL
ALEENA MARIA JOSE
M.ARDRA KRISHNAN
KRISHNENDU D.
RESPONDENTS:
1 PEOPLE'S URBAN CO-OPERATIVE BANK LTD.
MAIN ROAD, EAST FORT GATE, TRIPUNITHURA,
PIN - 682 301
REPRESENTED BY ITS GENERAL MANAGER.
2 AUTHORISED OFFICER
PEOPLE'S URBAN CO-OPERATIVE BANK LIMITED,
MAIN ROAD, EAST FORT GATE,
TRIPUNITHURA, PIN 682 301
BY ADV DEVAPRASANTH.P.J.
T.K SHAJAHAN, SR GP
THIS WRIT PETITION (CIVIL) HAVING BEEN FINALLY
HEARD ON 13.05.2022, THE COURT ON THE SAME DAY DELIVERED
THE FOLLOWING:
WP(C) No.14599 OF 2022
2
T. R. RAVI, J.
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WP(C) No.14599 OF 2022
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Dated this the 13th day of May, 2022
JUDGMENT
When the case is taken up today, it is submitted by the learned Counsel for the respondents that the petitioner has complied with the interim direction to pay an amount of Rs.1,00,000/-. The learned Counsel for the petitioner prays permission to pay the balance outstanding in 5 equal instalments.
2. There will be an interim direction to the petitioner to pay the balance amount of Rs.2,45,090/- in 5 equal instalments, the first instalment falling due on the 10 th of June, 2022 and the subsequent instalments on the 10th of the succeeding months.
3. Respondent bank will be entitled to continue with the recovery proceedings, if the petitioner defaults two consecutive payments of the instalments as referred above. After the payment of the entire instalments and settling the amounts over due, the respondent shall consider the question of regularisation of the loan account.
The writ petition is disposed of as above.
Sd/-
T. R. RAVI JUDGE nk WP(C) No.14599 OF 2022 3 APPENDIX OF WP(C) 14599/2022 PETITIONER EXHIBITS Exhibit P1 TRUE COPY OF SALE DEED NO. 514 OF 2017 OF S.R.O, THRIKKAKARA DATED 16-2-2017 Exhibit P2 TRUE COPY OF THE BANK STATEMENT OF THE PETITIONER ISSUED BY PEOPLES URBAN CO-OPERATIVE BANK LTD, THRIKKAKARA BRANCH Exhibit P3 TRUE COPY OF SALE NOTICE ISSUED BY THE 2 ND RESPONDENT DATED 25-1-2022 INTIMATING SYMBOLIC TAKING POSSESSION OF THE PROPERTY Exhibit P4 TRUE COPY OF SALE NOTICE DATED 19-03-2022 ISSUED BY THE 2ND RESPONDENT TO THE PETITIONER Exhibit P5 TRUE COPY OF THE PETITION BEFORE THE 1ST RESPONDENT REQUESTING FOR INSTALLMENT BENEFIT TO REPAY THE OVERDUE INSTALLMENTS.
Exhibit P6 TRUE COPY OF THE TRACK CONSIGNMENT REPORT OF POSTAL DEPARTMENT IN RELATION TO RECEIPT NO RL4100451831N PERTAINING TO EXT P5