The learned counsel for the respondent Bank submits that the interim order dated 08.11.2011, has not been complied with. However, since the loan amount is still pending, the respondent Bank shall, on receipt of a certified copy of this judgment, issue a statement of account by registered post, stating the amounts due in the loan account, as on 15.12.2014 and directing payment of the same in ten equal monthly installments. The 1st instalment 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 WPC.No.29642/2011 : 2 : 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