P.Thankarajan v. State Bank of Travancore
Case brief
What is this about?
The Court permitted judgment debtors to pay the entire decree amount in 12 equal monthly installments. Warrants of arrest were stayed pending installment payments unless two months default occurred, allowing decree holder to proceed with execution without fresh inquiry into means.
What did the court decide?
Petitioners permitted to pay entire decree amount in 12 monthly installments from 01.08.2011; warrants of arrest stayed unless two installments default.