IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE C.N.RAMACHANDRAN NAIR THURSDAY, THE 7TH AUGUST 2008 / 16TH SRAVANA 1930 WP(C).No. 746 of 2006(L) ------------------------ PETITIONER: ------------ JESEENTHA M.L., W/O.LATE BABY N.C., NELLIKKAKUDI HOUSE, PANICHAYAM, NEDUNGAPRA P.O., ASSAMANNOOR VILLAGE, KUNNATHUNADU TALUK, ERNAKULAM DISTRICT. BY ADV. SRI.BABU JOSEPH KURUVATHAZHA SRI.K.I.SAGEER RESPONDENTS: ------------- 1. THE SPECIAL DEPUTY TAHSILDAR (R.R), K.S.F.E LTD., ERNAKULAM. 2. THE MANAGER, K.S.F.E. LTD., ERNAKULAM. BY ADV. SRI.S.D.ASOKAN FOR R2 SRI.T.NAVEEN, SC, K.S.F.E. LTD. THIS WRIT PETITION (CIVIL) HAVING BEEN FINALLY HEARD ON 07/08/2008, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: APPENDIX PETITIONER'S EXHIBITS: P1: TRUE COPY OF NOTICE DT.5.12.2005 ISSUED BY R1. P2: TRUE COPY OF REPRESENTATION DT.26.12.2005 SUBMITTED BY PETITIONER BEFORE R2. P3: TRUE COPY OF NOTICE DT.5.12.2005 ISSUED BY THE ERNAKULAM DISTRICT POSTS, TELECOM & BSNL EMPLOYEES' CO-OPERATIVE SOCIETY LTD. NO.E.85. P4: TRUE COPY OF REPRESENTATION DT.16.8.07 SUBMITTED BY PETITIONER BEFORE R2. TRUE COPY PA TO JUDGE C.N.RAMACHANDRAN NAIR, J. .................................................................... W.P.(C) No.746 of 2006 .................................................................... Dated this the 7th day of August, 2008. JUDGMENT The petitioner is challenging recovery proceedings for recovery of arrears due to KSFE. The loan is covered by security and proceedings against sureties are stayed only because petitioner agreed to remit the amount in instalments. Standing Counsel for KSFE submitted that Rs.1,500/- paid per month will meet only interest and loan will remain outstanding althrough. I find force in this contention and therefore, petitioner has to settle liability either under OTS scheme which is available till 31st of this month or in higher instalments. The W.P. is disposed of leaving freedom to the petitioner to settle liability, failing which respondents can proceed for recovery against the petitioner and sureties. Interim orders issued are vacated. C.N.RAMACHANDRAN NAIR Judge pms