IN THE HIGH COURT OF KERALA AT ERNAKULAM
WP(C) No. 35980 of 2007(G)
1. K.P.R.MURALIDHARAN,
... Petitioner
Vs
1. CHIEF MANAGER,
... Respondent
For Petitioner :SRI.UNNIKRISHNAN.V.ALAPATT
For Respondent :SRI.K.P.SUDHEER
The Hon'ble MR. Justice ANTONY DOMINIC
Dated :21/01/2008
O R D E R
ANTONY DOMINIC, J.
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W.P.(C) No.35980 of 2007
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Dated this the 21st day of January, 2008
JUDGMENT
Proceedings were initiated against the petitioner under the
Securitisation Act. According to the respondent bank, present
dues from the petitioner is more than Rs.91 lakhs. It is taking
into account that by order dated 5.12.2007 this court has
directed the petitioner to remit Rs.20lakhs in two equal
installments. Today, it is submitted by the counsel for the
petitioner that this order has not been complied with.
2. But the petitioner now says that the respondent may
be directed to consider Ext.P4 application made by him before
the bank for one time settlement. If Ext.P4 has been received by
the respondent, the respondent shall consider the same subject
to the rules that are framed by for entertaining such requests for
one time settlement.
The writ petition is disposed of as above.
ANTONY DOMINIC, JUDGE
csl