IN THE HIGH COURT OF KERALA AT ERNAKULAM
PRESENT
THE HONOURABLE MR. JUSTICE T.R.RAVI
TUESDAY, THE 31ST DAY OF MAY 2022 / 10TH JYAISHTA, 1944
WP(C) NO. 10152 OF 2022
PETITIONER:
SHIBINA,
AGED 32 YEARS
D/O.HUSSAIN, S.S.MANZIL,
PULIKKAKONAM, KARETTE,
PULIMATH P.O.,
THIRUVANANTHAPURAM-695 612.
BY ADV V.A.VINOD
RESPONDENT:
KILIMANOOR CO-OPERATIVE AGRICULTURAL &
RURAL DEVELOPMENT BANK LTD. NO. T-316,
REPRESENTED BY SECRETARY,
HEAD OFFICE, KILIMANOOR-695 601.
BY ADVS.
K.SIJU
ANJANA KANNATH
T.S.SREEKUTTY
THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON
31.05.2022, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING:
WP(C) NO. 10152 OF 2022
2
T.R.RAVI, J.
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WP(C) NO.10152 OF 2022
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Dated this the 31st .day of May, 2022
JUDGMENT
The writ petition has been filed seeking payment of loan dues in easy installments. The Standing Counsel for the respondent has filed a statement stating that the total liability comes to Rs.10,27,500/- in two loan accounts and the over due amount comes to Rs.7,39,500/-. It is submitted that the 6th respondent has no objection to the petitioner paying the amounts in six equal monthly installments. The petitioner seeks 12 months installments.
In the above circumstances, this writ petition is disposed of directing the petitioner to pay a sum of Rs.50,000/- on or before 23.06.2022 and a like sum on the 23rd of the succeeding two months. In the meanwhile, the petitioner may approach the respondent for settling the entire arrears in one time settlement and if the petitioner is regularly paying the installments as directed by this Court, WP(C) NO. 10152 OF 2022 3 the respondent may consider the request made by the petitioner for one time settlement and the parties may endeavour to arrive at a settlement before the three months period above stated. Coercive steps will be kept in abeyance in the meanwhile.
Sd/-
T.R.RAVI JUDGE sn WP(C) NO. 10152 OF 2022 4 APPENDIX OF WP(C) 10152/2022 PETITIONER'S EXHIBIT Exhibit P1 TRUE COPY OF THE NOTICE ISSUED BY THE RESPONDENT DATED 15.02.2022.
RESPONDENT'S EXHIBITS : NIL
//TRUE COPY// PA TO JUDGE