IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE P.R.RAMACHANDRA MENON THURSDAY, THE 10TH MARCH 2011 / 19TH PHALGUNA 1932 WP(C).No. 6688 of 2011(I) ------------------------- PETITIONERS: --------------- N.MOHAMMEDALI, AGED 62, S/O.MAMMAD, NAITHAKKOTTIL HOLLOW BRICKS, PALAKKADAVU P.O., KARKITAMKUNNU, VIA ALANALLUR, PALAKKAD DISTRICT. PIN-678 605. BY ADV. MR. TOM K.THOMAS RESPONDENTS: --------------- 1. THE KERALA FINANCIAL CORPORATION REPRESENTED BY ITS MANAGING DIRECTOR, HEAD OFFICE, VELLAYAMBALAM, THIRUVANANTHAPURAM-695 033. 2. THE CHIEF MANAGER, KERALA FINANCIAL CORPORATION, MATHAKOVIL STREET, SULTHANPET, PALAKKAD-678 001. BY STANDING COUNSEL MR. R. S. KALKURA THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 10/03/2011, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: P.R. RAMACHANDRA MENON J. ~~~~~~~~~~~~~~~~~~~~~~~ W.P (C) No. 6688 OF 2011 ~~~~~~~~~~~~~~~~~~~~~~~ Dated, this the 10th day of March, 2011 JUDGMENT The petitioner has approached this Court seeking for issuance of a writ of mandamus directing the respondent to consider and pass orders on Ext. P1 representation with regard to the settlement of arrears under 'One Time Settlement Scheme'. 2. The learned standing counsel appearing for the Kerala Financial Corporation submits that, the scheme of OTS was over in the year 2008 and that the benefit under the said Scheme was actually extended to the petitioner as well, despite which, he did not satisfy the liability in accordance with the norms prescribed under the Scheme. However, it is stated that, the respondent is still ready and willing to extend the OTS benefit, if the amount arrived at under the Scheme is satisfied with 'belated interest'. In the said circumstances, the petitioner is permitted to pursue the remedy before the respondent in the light of the above submission. The respondent shall let know the petitioner as to the actual amount to be satisfied by him under the Scheme as aforesaid with 'belated interest', W.P. (C) No. 6688 of 2011 2 within a period of one week from the date of receipt of a copy of this judgment; on which event, the said amount shall be satisfied by the petitioner in accordance with the norms stipulated by the respondent under the Scheme. The Writ Petition is disposed of. P. R. RAMACHANDRA MENON, JUDGE kmd