Citation : 2021 Latest Caselaw 7311 Ker
Judgement Date : 2 March, 2021
WP(C).No.463 OF 2021(G)
1
IN THE HIGH COURT OF KERALA AT ERNAKULAM
PRESENT
THE HONOURABLE SMT. JUSTICE P.V.ASHA
TUESDAY, THE 02ND DAY OF MARCH 2021 / 11TH PHALGUNA, 1942
WP(C).No.463 OF 2021(G)
PETITIONER/S:
1 MARKOSE KUZHALANATTU
AGED 51 YEARS
S/O. K. M. ABRAHAM, PROPRIETOR, M/S SONIA PALM
SPRINGS, KUZHALANATTU (H), MANNATHUR P. O.,
MUVATTUPUZHA.
2 SARA MARKOSE
AGED 41 YEARS
W/O. MARKOSE, KUZHALANATTU (H), MANNATHUR P. O.,
MUVATTUPUZHA.
BY ADV. SRI.L.RAJESH NARAYAN
RESPONDENT/S:
1 CHIEF MANAGER, KERALA FINANCIAL CORPORATION
BRANCH OFFICE, FINANCE TOWER, KALOOR, ERNAKULAM -
682 017.
2 MANAGING DIRECTOR
KERALA FINANCIAL CORPORATION, VELLAYAMBALAM,
TRIVANDRUM - 695 003.
3 DEPUTY TAHSILDAR (RR)
KERALA FINANCIAL CORPORATION, ERNAKULAM - 682 017.
ADV. SRI.M.R.VENUGOPAL
ADV. SMT.DHANYA P.ASHOKAN
THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON
02.03.2021, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING:
WP(C).No.463 OF 2021(G)
2
JUDGMENT
Dated this the 2nd day of March 2021
The petitioners who had availed loan from the Kerala
Financial Corporation has filed this Writ Petition aggrieved by
Ext.P3 notice issued on 02.12.2020 for e-auction of the property
which was given towards security. It is stated that the said
notice issued without considering the objections raised against
Ext.P1 notice for fixing of reserved price to which petitioners
have submitted Ext.P2 reply. It is stated that loan was availed
for starting a bar attached hotel. Petitioners filed this Writ
Petition stating that they have already completed 80% of the
construction and could not start the project on account of
various hindrances and natural calamities. Petitioners have
along with I.A.No.1/2021 produced Ext.P4 representation
submitted before the respondents in which they have requested
for the benefit of OTS and also for permission to make payment
in installments.
2. I heard the learned Standing Counsel who pointed out
that petitioners are prolonged defaulters. It is stated that the
property was already taken over under section 29 and no payment
has been made by the petitioners.
At any rate petitioners have approached respondents 1 and
2 with Ext.P4 representation. Therefore, the Writ Petition is
disposed of, with a direction to the 1st respondent to consider WP(C).No.463 OF 2021(G)
Ext.P4 representation and pass orders on the same after hearing
them within a period of three weeks from the date of receipt of
a copy of the judgment.
Sd/-
P.V.ASHA
rkc JUDGE
WP(C).No.463 OF 2021(G)
APPENDIX
PETITIONER'S/S EXHIBITS:
EXHIBIT P1 TRUE COPY OF THE NOTICE DATED 09.11.2020
NO.KFC/EKM/741/2020.
EXHIBIT P2 TRUE COPY OF THE REPLY DATED 19.11.2020.
EXHIBIT P3 TRUE COPY OF THE NOTICE OF SALE
NO.KFC/EKM/830/2020 DATED 02.12.2020.
EXHIBIT P4 TRUE COPY OF THE REPRESENTATION DATED 25.1.2021
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