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K.Sreeharshan vs The Kerala Financial Corporation
2021 Latest Caselaw 18181 Ker

Citation : 2021 Latest Caselaw 18181 Ker
Judgement Date : 3 September, 2021

Kerala High Court
K.Sreeharshan vs The Kerala Financial Corporation on 3 September, 2021
WP(C) No.13759/2021                         1/4


                      IN THE HIGH COURT OF KERALA AT ERNAKULAM
                                          PRESENT
                          THE HONOURABLE MR. JUSTICE SUNIL THOMAS
             Friday, the 3rd day of September 2021 / 12th Bhadra, 1943
                           W.P.(C) NO. 13759 OF 2021 (T)
   PETITIONER:

          K.SREEHARSHAN, AGED 74 YEARS, S/O.LATE M.KUNJU
          PILLAI,'SREYAM',SANTHI NAGAR, KAZHAKOOTTAM.P.O,
          THIRUVANANTHAPURAM-695582.

   RESPONDENTS:

      1. THE KERALA FINANCIAL CORPORATION, REPRESENTED BY ITS MANAGING
         DIRECTOR,HEAD OFFICE, VELLAYAMBALAM, THIRUVANANTHAPURAM-695010.
      2. THE MANAGER (PERSONNEL AND ADMINISTRATION), KERALA FINANCIAL
         CORPORATION,HEAD OFFICE, VELLAYAMBALAM, THIRUVANANTHAPURAM-695010.
      3. THE GENERAL MANAGER (FINANCE), KERALA FINANCIAL CORPORATION, HEAD
         OFFICE, VELLAYAMBALAM, THIRUVANANTHAPURAM-695010.

        Writ petition (civil) praying inter alia that in the circumstances
   stated in the affidavit filed along with the WP(C) the High Court be
   pleased to direct the respondents to disburse the retirment benefits due
   to the petitioner with 12% interest on accepting an Indemnity Bond from
   the petitioner, provisionally, pending disposal of the Writ Petition
   (Civil).
        This petition coming on for admission upon perusing the petition and
   the affidavit filed in support of WP(C) and upon hearing the arguments of
   M/S.D.KISHORE, MEERA GOPINATH, R.MURALEEKRISHNAN (MALAKKARA) & ARYA
   JOSEPH, Advocates for the petitioners, and of SRI.M.R.VENUGOPAL, Advocate
   for R1, the court passed the following:
 WP(C) No.13759/2021                   2/4




                               SUNIL THOMAS, J.
                       -------------------------------------
                          W.P.(C) No. 13759 of 2021
                       -------------------------------------
                  Dated this the 03rd day of September, 2021

                                  ORDER

The learned Counsel for the petitioner invited my

attention to Ext.P2, by which, after referring to the

various contentions set up by the KFC, the Lok Ayukta

directed the KFC to disburse all retirement benefits to the

complainant after obtaining an indemnity bond from him

within one month from the date of receipt of a copy of

that order. Subsequent to the above order, penalty was

imposed on him, which was challenged by him in a Writ

Petition No.34262/2006. KFC challenged Ext.P2 in

W.P.(C.) No.7386/2007. Both came up for hearing finally

and by Ext.P3 common judgment, Writ Petition of KFC

was dismissed, where as W.P.(C.) No.34262/2006 of the

petitioner was allowed, and penalty was set aside. The

direction contained in Ext.P2 to release the amount on

execution of indemnity bond was kept deferred by two WP(C) No.13759/2021 3/4

WPC No.13759 of 2021

months.

The prayer sought by the petitioner is to release

the amount due to him on execution of indemnity

bond, authorising the respondent to recover the money

if any due from the assets of the petitioner or

personally and as found by judgment in RFA

No.390/2017 pending before this Court. The petitioner

shall execute the bond within a period of fifteen days

from today and thereupon the amount due shall be

released to the petitioner, within fifteen days

thereafter.

For reporting compliance, post on 04.10.2021.

Sd/-

                                                            SUNIL THOMAS

                                                                 JUDGE
      SKP/3-9




03-09-2021                         /True Copy/                              Assistant Registrar
 WP(C) No.13759/2021                 4/4

                       APPENDIX OF WP(C) 13759/2021
Exhibit P2            TRUE COPY OF THE ORDER DATED 5.2.2007 IN COMPLAINT

NO.281/06 OF THE KERALA LOK AYUKTA Exhibit P3 TRUE COPY OF THE JUDGMENT DATED 10.3.2011 IN W.P(C)NO.7386/2007 OF THIS HONOURABLE COURT

 
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