High Court Kerala High Court

M.P.Thankam vs State Bank Of Travancore on 23 May, 2007

Kerala High Court
M.P.Thankam vs State Bank Of Travancore on 23 May, 2007
       

  

  

 
 
  IN THE HIGH COURT OF KERALA AT ERNAKULAM

WP(C) No. 26348 of 2004(J)


1. M.P.THANKAM, W/O. M.P.BALAN,
                      ...  Petitioner

                        Vs



1. STATE BANK OF TRAVANCORE,
                       ...       Respondent

2. STATE OF KERALA,

                For Petitioner  :SRI.T.G.RAJENDRAN

                For Respondent  : No Appearance

The Hon'ble MR. Justice PIUS C.KURIAKOSE

 Dated :23/05/2007

 O R D E R
                              PIUS C. KURIAKOSE, J.

                               -------------------------------

                           W.P.(C) No.  26348 OF 2004

                             -----------------------------------

                       Dated this the 23rd day of May, 2007


                                      JUDGMENT

Ext.P3 proclamation for sale of the property belonging to the

petitioner who owed money to the 1st respondent-State Bank of

Travancore is under challenge on various grounds. Inter alia petitioner

has stated that he is prepared to pay the entire balance decree debt and

needs only time to do so. While admitting the writ petition , this Court

recorded an undertaking of the petitioner that he will pay an amount of

Rs.20,000/- towards debt within two weeks from 9.9.04 and on that

basis this Court adjourned the sale which had been notified by one

month. Learned counsel for the petitioner is unable to say whether the

undertaking given before this Court was honored by her client.

2. Having gone through the grounds raised in the writ petition and

having considered the submissions on behalf of the petitioner, I am of

the view that the Writ Petition itself can be disposed of issuing the

following directions:

The Court below will verify whether the petitioner has paid the

amount of Rs.20,000/- towards the decree debt to the 1st respondent-

Bank on or before 23.09.04 as undertaken by her before this Court. If it

is seen that the amount undertaken by the petitioner has been paid, the

WPC No.26348/2004

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proceedings for sale will be kept in abeyance for a further period of 10

weeks so that the petitioner can wipe off the entire balance decree debt

in two equal monthly installments commencing from 15th June 2007.

PIUS C. KURIAKOSE, JUDGE

btt

WPC No.26348/2004

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