Citation : 2023 Latest Caselaw 4314 Ker
Judgement Date : 31 March, 2023
IN THE HIGH COURT OF KERALA AT ERNAKULAM
PRESENT
THE HONOURABLE MR. JUSTICE T.R.RAVI
FRIDAY, THE 31ST DAY OF MARCH 2023 / 10TH CHAITHRA, 1945
WP(C) NO. 11194 OF 2023
PETITIONER:
RASHEEDA T.K
AGED 50 YEARS
NAJEERA MANZIL, KOOTTALI AMSOM, PUVATHUR DESOM,
THALASSERY TALUK, KANNUR DISTRICT, PIN - 670 101.
BY ADV C.K.SREEJITH
RESPONDENTS:
AUTHORIZED OFFICER
THE KERALA STATE CO-OPERATIVE BANK LTD., KANNUR
REGIONAL OFFICE, KANNUR, PIN - 670 001.
BY ADVS.
P.C.SASIDHARAN
M.SASINDRAN
THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION
ON 31.03.2023, THE COURT ON THE SAME DAY DELIVERED THE
FOLLOWING:
WP(C) No.11194 of 2023 2
T.R RAVI, J
---------------------------------------
WP(C) No. 11194 of 2023
--------------------------------------
Dated this the 31st day of March, 2023
JUDGMENT
The petitioner has approached this Court seeking permission to
pay off the amounts due to the respondent Bank in easy instalments.
2. The counsel for the respondent on instructions submits
that the overdue amount comes to ₹6,95,106/-. The petitioner
requests that he may be allowed to pay off the amount in
instalments.
In the above circumstances, this writ petition is disposed of
directing the petitioner to pay off the amounts overdue in 15 equal
monthly instalments, the 1st instalment falling due on or before
29.04.2023 and the subsequent instalments falling due on or before
the 29th of the succeeding months. The petitioner shall also pay the
regular monthly instalments along with the instalments towards the
overdue amounts. If the petitioner makes a single default in payment
of instalments, the respondent is at liberty to proceed with coercive
steps for recovery. The coercive steps for recovery initiated shall be
kept in abeyance to facilitate the payment of instalment.
Sd/-
T.R RAVI AMR JUDGE
APPENDIX OF WP(C) 11194/2023
PETITIONER'S EXHIBITS
Exhibit P1 THE TRUE COPY OF THE POSSESSION NOTICE DT.17/3/2023
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