Citation : 2024 Latest Caselaw 16833 Ker
Judgement Date : 12 June, 2024
IN THE HIGH COURT OF KERALA AT ERNAKULAM
PRESENT
THE HONOURABLE MR. JUSTICE DEVAN RAMACHANDRAN
WEDNESDAY, THE 12TH DAY OF JUNE 2024 / 22ND JYAISHTA, 1946
WP(C) NO. 20960 OF 2024
PETITIONER:
SHOBHA PREMKUMAR
AGED 56 YEARS
MANIYAMTHURUTHIL HOUSE, KADAKURISU, NAYARAMBALAM.P.O,
VYPIN, ERNAKULAM DISTRICT, PIN - 682509
BY ADVS.
P.J.JUSTINE
C.H.ABDUL RASAC
RESPONDENTS:
1 THE DISTRICT COLLECTOR
ERNAKULAM DISTRICT COLLECTORATE, KAKKANAD, ERNAKULAM, PIN
- 682030
2 THE SPECIAL DEPUTY TAHASILDAR (REVENUE RECOVERY),
KSFE LTD, ERNAKULAM, KOCHI, PIN - 682018
3 THE KERALA STATE FINANCIAL ENTERPRISES
NJARAKKAL BRANCH,NJARAKKAL, KOCHI, REP.BY ITS MANAGER,
PIN - 682505
SRI.SALIL NARAYANAN K.A., SC
THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON
12.06.2024, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING:
WP(C) NO. 20960 OF 2024
2
JUDGMENT
When this matter was called today, the learned
Standing Counsel for the 3rd respondent - 'Kerala
State Financial Enterprises ("KSFE" for short)',
submitted that the loan account of the petitioner
involved in this case can be settled for a total
amount of Rs.10,87,425/-, as on 30.05.2024, along
with all applicable charges and interest, provided
same is paid by her in not more than 20 equal
monthly instalments.
2. The learned counsel for the petitioner -
Sri.P.J.Justine, accepted the afore suggestion.
Taking note of the afore submissions and in
order to obtain a balance between the rival
interests of the parties, I allow this writ
petition, permitting the petitioner to pay off the
aforementioned amount, along with all applicable
charges and interest, in 20 equal monthly WP(C) NO. 20960 OF 2024
installments commencing from 15.07.2024
Needless to say, if the amounts as afore are
paid by the petitioner, the account will stand
closed and the KSFE will return to her all security
documents as are necessary; but, if on the contrary,
any two instalments are defaulted, the benefit of
this judgment will be lost to her and the KSFE will
be at full liberty to pursue further action pursuant
to Ext.P1, without having to obtain further orders
from this Court.
It is also needless to say, therefore, that as
long as the amounts as afore are paid, all further
action pursuant to Ext.P1 will stand deferred.
Sd/-
DEVAN RAMACHANDRAN JUDGE SAS WP(C) NO. 20960 OF 2024
APPENDIX OF WP(C) 20960/2024
PETITIONER'S EXHIBITS
Exhibit P1 TRUE COPY OF THE NOTICE DATED 29.12.2023 ISSUED BY THE 2ND RESPONDENT Exhibit P2 TRUE COPY OF THE RECEIPT DATED 03.01.2024 ISSUED BY THE KSFE, NJARAKKAL BRANCH Exhibit P3 TRUE COPY OF THE TREATMENT RECORDS OF THE PETITIONER Exhibit P4 TRUE COPY OF THE TREATMENT RECORDS OF THE YOUNGER SON OF THE PETITIONER
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