Citation : 2024 Latest Caselaw 10417 Ker
Judgement Date : 11 April, 2024
IN THE HIGH COURT OF KERALA AT ERNAKULAM
PRESENT
THE HONOURABLE MR. JUSTICE DEVAN RAMACHANDRAN
THURSDAY, THE 11TH DAY OF APRIL 2024 / 22ND CHAITHRA, 1946
WP(C) NO. 14587 OF 2024
PETITIONER:
SAJIR M.M., AGED 45 YEARS
S/O. ABDULLA KUTTY, MOOLATHUMANNIL HOUSE, KAITHAPOYIL,
PUTHUPPADI P.O., KOZHIKODE -, PIN - 673586
BY ADVS.
DENU JOSEPH
MUHISEENA.V.Z
T.S.SANTHOSH (NETTOORAN)
MANJU M.K.
JOYAL P. JOY
RESPONDENTS:
1 THE MANAGER, KSFE LTD., MEDICAL COLLEGE BRANCH,
KOZHIKODE -, PIN - 673008
2 THE KERALA STATE FINANCIAL ENTERPRISES LTD.
"BHADRATHA", P.B. NO.510, MUSEUM ROAD, THRISSUR -
REPRESENTED BY ITS MANAGING DIRECTOR, PIN - 680020
SRI.SALIL NARAYANAN K.A., SC
THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON
11.04.2024, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING:
WP(C) NO. 14587 OF 2024
2
JUDGMENT
When this matter was called today, Sri.Salil Narayanan K.A.
- learned Standing Counsel for the respondent - KSFE, submitted
that the total outstanding in the loan account of the petitioner, as
on 30.04.2024, is Rs.40,77,076/-; and that if he is willing to pay
the same in not more than 24 equal monthly installments, his
client will not stand in the way of this Court disposing of this writ
petition on such terms.
2. Sri.Denu Joseph - learned counsel for the petitioner, fully
agreed to the afore and prayed that this writ petition be thus
ordered.
3. In the afore circumstances, I allow this writ petition,
granting liberty to the petitioner to pay the total outstanding
amount in the loan account, namely, Rs.40,77,076/- as on
30.04.2024, along with all applicable charges and interest, in 24
equal monthly installments, commencing from 01.06.2024.
Needless to say, if the petitioner makes default on payment
of two installments as ordered above, further action pursuant
thereto can be taken forward, without having to obtain further
orders from this Court.
Sd/- DEVAN RAMACHANDRAN JUDGE stu WP(C) NO. 14587 OF 2024
APPENDIX OF WP(C) 14587/2024
PETITIONER EXHIBITS
Exhibit.P1 THE TRUE COPY OF THE CHITTY COLLECTION DETAILS WITH RESPECT TO CHITTY NO.
13/2020/A/1 DATED 06.03.2024
Exhibit.P2 THE TRUE COPY OF THE CHITTY COLLECTION
DETAILS WITH RESPECT TO CHITTY NO.
18/2021/A/1 DATED 06.03.2024
Exhibit.P3 THE COPY OF THE REPRESENTATION DATED
14.03.2024 BY THE PETITIONER BEFORE THE
RESPONDENTS.
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