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Chandrasekharan Nair

High Court Of Kerala|24 November, 2014
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JUDGMENT / ORDER

The petitioner confines his prayer to only installments. In such circumstance, the petitioner shall produce a certified copy of this judgment within two weeks from the date of receipt of the same, upon which the respondent Bank shall issue a statement of accounts showing the entire loan amount as on 15.12.2014 and the petitioner shall be given ten installments to clear off the entire loan amount. The 1st installment shall be paid on or before 24.12.2014 and thereafter; the due date of instalments falling on the 24th of each succeeding month. If default is committed in two consecutive instalments, then the recovery proceedings shall revive and continue. On the satisfaction of the dues as per the statement, the Bank shall give a statement of the future interest from 15.12.2014 and the same shall be settled as the 11th instalment. The writ petition stands disposed of as above. No costs.
Sd/-
(K. VINOD CHANDRAN, JUDGE) jma //true copy// P.A to Judge
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Title

Chandrasekharan Nair

Court

High Court Of Kerala

JudgmentDate
24 November, 2014
Judges
  • K Vinod Chandran
Advocates
  • Sri Abraham P George
  • Smt