Mar Thoma VIII - Vattipanam. (Fixed Deposit)

Vattipanam. (Fixed Deposit)

For Malankara church, Mar Thoma VII, on December 1, 1808 deposited as loan in perpetuity a sum of 3000 Poovarahan with the government of Travancore through Col. Maccaulay the British resident. The first installment of interest was due on December 1, 1809. It was paid to Mar Thoma VIII. But there were complaints that the interest was not used for opening the seminary.

In 1814 instead of giving this amount to the Malankara Metropolitan Mar Thoma VIII, the British resident Major Munroe handed over the amount (Rs.3360) to Ramban Ittoop of Pulikottil. Giving the interest to someone who was not the Metropolitan angered the Governor of Madras also, who reprimanded Major Munroe. So in 1815 Ittoop Ramban received consecration as Metropolitan with the title of Pulikkottil Mar Dionysius from Mar Philexinos of Thozhyoor. Mar Thoma VIII complained to the resident but no action was taken.