Citation : 2023 Latest Caselaw 2785 Ker
Judgement Date : 1 March, 2023
IN THE HIGH COURT OF KERALA AT ERNAKULAM
PRESENT
THE HONOURABLE MR. JUSTICE T.R.RAVI
WEDNESDAY, THE 1ST DAY OF MARCH 2023 / 10TH PHALGUNA, 1944
WP(C) NO. 6973 OF 2023
PETITIONERS:
1 ABRAHAM
AGED 44 YEARS
S/O SOLOMAN, KANJIRAKKADAN, ENGAPUZHA VILLAGE,
KOZHIKODE, PIN - 673027
2 JESMOLI
AGED 40 YEARS
W/O ABHRAHAM,KANJIRAKKADAN, ENGAPUZHA VILLAGE,
KOZHIKODE, PIN - 673027
BY ADVS.
RAFEEK. V.K.
SAIJO HASSAN
BENOJ C AUGUSTIN
SALMAN FARIS
U.M.HASSAN
RESPONDENT:
1 AUTHORISED OFFICER
M/S. SUNDHARAM HOME FINANCE LTD.
(FORMELY KNOWN AS SUNDARAM BNP PARIBAS HOME FINANCE LTD)
SUNDARAM TOWERS,46,WHITES ROAD, CHENNAI, PIN - 600014
BY ADV AMBILY S
THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON
01.03.2023, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING:
WPC No.6973 of 2023
2
T.R. RAVI, J.
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W.P.(C.) No.6973 of 2023
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Dated this the 01st day of March, 2023
JUDGMENT
The petitioners have approached this Court
seeking permission to pay off the amount in easy
instalments.
2. The Standing Counsel on instruction submits
that a sum of Rs.18,94,585/- is the outstanding
amount and that the period of the loan itself will
expire in August, 2023.
In the above circumstances, this writ petition is
disposed of with the following directions:-
i) The petitioners shall pay a sum of Rs.5,00,000/-
on or before 29.03.2023 and the balance
outstanding amount along with accrued
interest shall be paid in seven equal monthly
instalments, 1st instalment becoming payable on WPC No.6973 of 2023
or before 29.04.2023 and the subsequent
instalments becoming payable on or before the
29th day of every succeeding months;
ii) If the petitioners make single default in the
payment of the instalments as directed above,
the respondent is at liberty to continue with
coercive steps for recovery;
iii) The coercive steps initiated shall be kept in
abeyance to facilitate the petitioners to pay the
amounts in instalments as directed above.
The above directions will not preclude the
petitioners from approaching the bank for One Time
Settlement.
Sd/-
T.R.RAVI JUDGE SKP/01-03 WPC No.6973 of 2023
APPENDIX OF WP(C) 6973/2023
PETITIONERS' EXHIBITS:
EXHIBIT P1 TRUE COPY OF THE ORDER DATED 05.11.2022 PASSED BY THE CHIEF JUDICIAL MAGISTRATE COURT, KOZHIKODE EXHIBIT P2 TRUE COPY OF ADVOCATE COMMISSIONER NOTICE DATED 13.02.2023 RESPONDENTS' EXHIBITS:NIL
TRUE COPY
P.A. TO JUDGE
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