IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE S.SIRI JAGAN MONDAY, THE 8TH AUGUST 2011 / 17TH SRAVANA 1933 WP(C).No. 21169 of 2011(U) ----------------------------------- PETITIONER(S): ------------------------ 1. PRAJEESH, AGED 28 YEARS, S/O.KUNJIKANNAN NAIR, THEKKAMALA PARAMBATH, PUTHUPANNAM.P.O., NADAKUTHAZHA VILLAGE, VADAKARA TALUK. 2. KUNJIKANNAN NAIR, AGED 63 YEARS, S/O.KRISHNAN KIDAVE, MANAMUTTATH VEEDU, PUTHUPANNAM.P.O., NADAKUTHAZHA VILLAGE, VADAKARA TALUK. BY ADV. SRI.P.M.HABEEB RESPONDENT(S): ------------------------- 1. KSFE LIMITED, ARADHANA, KAMALA BUILDING, KALLAI ROAD, KOZHIKODE. 673 002, REP.BY ITS SPECIAL DEPUTY TAHASILDAR (REVENUE RECOVERY) 2. SPECIAL DEPUTY TAHASILDAR (REVENUE RECOVERY), KSFE LIMITED, ARADHANA, KAMALA BUILDING, KALLAI ROAD, KOZHIKODE.673 002. 3. DISTRICT COLLECTOR, OFFICE OF THE DISTRICT COLLECTOR, KOZHIKODE-673 001. R1 BY ADV. SRI.M.K.CHANDRAMOHAN DAS, SC, KSFE, LTD R2 & R3 BY GOVT. PLEADER SRI.C.K.GOVINDAN THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 08/08/2011, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: tss W.P.(C) NO.21169/2011 APPENDIX PETITIONER'S EXHIBITS P1:- COPY OF THE NOTICE DTD. 31.5.2011. P2:- COPY OF THE NOTICE DTD. 8.6.2011. RESPONDENT'S EXHIBITS NIL:- TRUE COPY P.S. TO JUDGE tss S. Siri Jagan, J. =-=-=-=-=-=-=-=--=-=-=-=-=-=-=-=-=-= W.P(C) No. 21169 of 2011 =-=-=-=-=-=-=-=-=--=-=-=-=-=-=-=-=-= Dated this, the 8th day of August, 2011. J U D G M E N T The petitioners are defaulters in repayment of loan amounts due from them to the 1st respondent-Kerala State Financial Enterprises Ltd. The petitioners do not dispute the liability to pay or the quantum. The petitioners only seek facility to pay off the amounts in instalments. This is opposed by the counsel for the 1st respondent. Having heard both sides, I dispose of this writ petition with the following directions: The petitioners shall pay an amount of Rs. 1 lakh within one month from today. The balance amounts shall be paid in 9 equal monthly instalments starting from 1.11.2011. If the petitioners pay the amount of Rs. 1 lakh within one month and the instalment amounts on due dates without default, coercive recovery proceedings shall be kept in abeyance. However, if the petitioners commit default in payment of any one instalment, it would be open to the respondents to continue recovery proceedings without having to issue any fresh notice or proceedings in that regard. Sd/- S. Siri Jagan, Judge. Tds/