IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE ANTONY DOMINIC MONDAY, THE 15TH NOVEMBER 2010 / 24TH KARTHIKA 1932 WP(C).No. 30968 of 2010(U) -------------------------- PETITIONER(S): -------------------- 1. P.PARAMESWARAN PILLAI,LAHAYIL HOUSE, KADAPRA,NIRANAM PO,KADAPRA VILLAGE,THIRUVALLA TALU K,PATHANAMTHITTA DIST.REP.BY HIS P/A.HOLDER,K.P. CHANDRASEKHARAN PILLAI,RESIDING AT KONDOOR HOUSE, KADAPRA,NIRANAM PO,KADAPRA VILLAGE,THIRUVALLA TALU K,PATHANAMTHITTA DIST. 2. K.PANKAJAKSHI AMMA, LAHAYIL HOUSE, KADAPRA,NIRANAM PO,KADAPRA VILLAGE,THIRUVALLA TALU K,PATHANAMTHITTA DIST.REP.BY HIS P/A.HOLDER,K.P. CHANDRASEKHARAN PILLAI,RESIDING AT KONDOOR HOUSE, KADAPRA,NIRANAM PO,KADAPRA VILLAGE,THIRUVALLA TALU K,PATHANAMTHITTA DIST. 3. K.P.CHANDRASEKHARAN PILLAI, PRESIDENT,MAHALEKSHMI DEVASWOM, KADAPRA,MANNAR,THIRUVALLA TALUK, PATHANAMTHITTA DIST. BY ADV. SRI.PIRAPPANCODE V.S.SUDHIR RESPONDENT(S): ------------------------ 1. KERALA FINANCIAL CORPORATION, REPRESENTED BY ITS MANAGING DIRECTOR, THIRUVANANTHAPURAM-695001. 2. MANAGER,KERALA FINANCIAL CORPORATION, PATHANAMTHITTA BRANCH,PATHANAMTHITTA.689 645. 3. DEPUTY TAHSILDAR,REVENUE RECOVERY, KERALA FINANCIAL CORPORATION, PATHANAMTHITTA.689 645. ADV. SRI.A.A.ABUL HASSAN, SC, KFC FOR R1 & 2 THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 15/11/2010,THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: ANTONY DOMINIC, J. ================ W.P.(C) NO. 30968 OF 2010 (U) ===================== Dated this the 15th day of November, 2010 J U D G M E N T Petitioners 1 and 2 are defaulters to the 1st respondent. Among the property mortgaged, a portion has already been sold, which is yet to be confirmed. The remaining portion is also scheduled to be sold soon. While so, on the basis that petitioner No.3 had, in his capacity as power of attorney holder, had made an application to the Corporation offering to purchase the property, the writ petition has been filed. 2. Counter affidavit has been filed by respondents 1 and 2. In para 11 of the affidavit, it is stated that even now the Corporation is ready for a discussion and settlement of the matter directly with the borrowers and co-obligants without any intervention of third parties in the matter. Therefore, it is still open to the borrowers to avail of the aforesaid opportunity, and in view of this offer, recording the aforesaid submission and leaving it open to the borrowers to pursue the matter with the 1st respondent, the writ petition is disposed of. ANTONY DOMINIC, JUDGE Rp