Full Judgment
IN THE HIGH COURT OF KERALA AT ERNAKULAM
PRESENT THE HONOURABLE MR. JUSTICE T.R.RAVI TUESDAY, THE 22ND DAY OF NOVEMBER 2022 / 1ST AGRAHAYANA, 1944 PETITIONER: ALWIN T.ABRAHAM AGED 42 YEARS, S/O. ABRAHAM, CHANDANAVELIL HOUSE, VAZHARMANGALAM, CHENGANNOOR VILLAGE, CHENGANNOOR TALUK, ALAPPUZHA -689 121 BY ADV SRI.M.R.SASITH RESPONDENTS: 1 ARBITRATION AND EXECUTIVE INSPECTOR OFFICE OF THE ASSISTANT REGISTRAR (GENERAL), CHENGANNUR, ALAPPUZHA DISTRICT, PIN-689 121 2 THE SECRETARY, UMAYATTUKARA SERVICE COOPERATIVE BANK, UMAYATTUKARA BRANCH, CHANGANNUR TALUK, ALAPPUZHA DISTRICT, PIN-689 121 BY ADV SRI.S.SUJIN SMT.MABLE C.KURIAN, SR.GOVT.PLEADER THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 22.11.2022, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING:
T.R. RAVI, J.
W. P. (C). No. 15758 of 2022 Dated this the 22nd day of November, 2022
JUDGMENT
The petitioner has approached this Court seeking permission to pay off the amounts due to the 2 nd respondent in easy instalments. The counsel for the 2 nd respondent on instructions submits that an amount of ₹7,15,890/- is due to them. The petitioner requests that he may be allowed to pay off the amounts in instalments. In the above circumstances, this writ petition is disposed of permitting the petitioner to pay off the amounts due along with accrued interest in 8 equal monthly instalments, the 1 st instalment falling due on or before 21.12.2022 and subsequent instalments falling due on or before the 21 st of the succeeding months. If the petitioner makes two consecutive defaults in payment of instalments, the respondents are at liberty to proceed with the recovery. Steps for recovery shall be kept in abeyance to facilitate the payment of instalment. Sd/- T.R. RAVI JUDGE Pn APPENDIX OF WP(C) 15758/2022 PETITIONER'S EXHIBITS Exhibit P1 TRUE COPY OF THE DEMAND NOTICE ISSUED BY THE 1ST RESPONDENT ON 19.1.2022