Citation : 2024 Latest Caselaw 11170 Ker
Judgement Date : 16 April, 2024
IN THE HIGH COURT OF KERALA AT ERNAKULAM
PRESENT
THE HONOURABLE MRS. JUSTICE SHOBA ANNAMMA EAPEN
TUESDAY, THE 16TH DAY OF APRIL 2024 / 27TH CHAITHRA, 1946
WP(C) NO. 15934 OF 2024
PETITIONER/S:
1 RAJANI, AGED 61 YEARS
PUTHUR THEKKAYIL, PERUMANNA, PANTHEERANKAVU,
KOZHIKODE, PIN - 673019
2 JISHNU P T, AGED 35 YEARS
17/349, PUTHUR THEKKAYIL, PERUMANNA,
PANTHEERANKAVU, KOZHIKODE, PIN - 673019
3 JISHNA P T, AGED 30 YEARS
17/349, PUTHUR THEKKAYIL, PERUMANNA, PANTHEERANKAVU,
KOZHIKODE, PIN - 673019
BY ADVS.
NIDHI BALACHANDRAN
PRAJEESH A.J.
RESPONDENT/S:
1 STATE OF KERALA
REPRESENTED BY IT'S SECRETARY TO GOVERNMENT,
DEPARTMENT OF FINANCE, SECRETARIAT,
THIRUVANANTHAPURAM, PIN - 695001
2 THE SPECIAL DEPUTY TAHASILDAR (RR)
THE KSFE LTD, KOZHIKODE, PIN - 673002
3 KSFE, REPRESENTED BY IT'S IT'S MANAGER, 'BHADRATHA'
P B NO -510, MUSEUM ROAD,
CHEMBUKKAVU, THRISSUR, PIN - 680020
SRI. PREMCHAND R. NAIR
SRI. SALIL NARAYANAN K.A
THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON
16.04.2024, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING:
WP(C) NO. 15934 OF 2024 2
JUDGMENT
The petitioners availed chitty from the Westhill
branch of Kerala State Finacial Enterprises (hereinafter
referred to as 'the KSFE'). On committing default in
repayment, the 3rd respondent initiated recovery
proceedings against the petitioner. Aggrieved by the
issuance of notice under Section 36 of the Revenue
Recovery Act, the petitioners have approached this Court
with the above writ petition.
2. During the course of hearing, the petitioners
have confined the relief to an opportunity for repaying the
outstanding amount in instalments.
3. Learned Standing Counsel appearing for the
KSFE would submit that the petitioners committed
default in repayment and the outstanding amount, as on
30.04.2024 is Rs.9,80,156/- (Rupees Nine lakhs eighty
thousand one hundred and fifty six only). It was further
submitted that the KSFE is willing to accept repayment of
the outstanding amount in limited instalments.
4. I have heard the learned counsel for the
petitioners and the learned Standing Counsel for the
KSFE.
5. Having regard to the circumstances of the case
and the situation now prevailing, apart from the
submissions made as recorded above, I am of the view
that the petitioners can be granted an opportunity to
repay the outstanding amount in twelve equated monthly
instalments.
Accordingly, there will be a direction to the KSFE to
accept repayment of the entire outstanding amount of
Rs.9,80,156/- (Rupees Nine lakhs eighty thousand one
hundred and fifty six only) along with any accrued
interest and charges from the petitioners on the
following conditions:
(i) The petitioners are directed to repay the
outstanding amount of Rs.9,80,156/- (Rupees Nine lakhs
eighty thousand one hundred and fifty six only) in twelve
equated monthly instalments along with any accrued
interest/costs;
(ii) The first of such instalment shall be paid on or
before 15.05.2024 and the subsequent instalments shall
be paid on or before the 15th day of succeeding months;
(iii) In the event of default of any one instalment, the
respondent shall be entitled to proceed in accordance
with law.
(iv) In order to enable the petitioners to repay the
entire amounts, all coercive proceedings shall be kept in
abeyance.
The writ petition is disposed of, as above.
Sd/-
SHOBA ANNAMMA EAPEN JUDGE ajt
APPENDIX OF WP(C) 15934/2024
PETITIONER EXHIBITS Exhibit P1 A TRUE COPY OF THE NOTICE DATED 29/2/24 ISSUED BY THE 2ND RESPONDENT
Publish Your Article
Campus Ambassador
Media Partner
Campus Buzz
LatestLaws.com presents: Lexidem Offline Internship Program, 2026
LatestLaws.com presents 'Lexidem Online Internship, 2026', Apply Now!