IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE C.N.RAMACHANDRAN NAIR THURSDAY, THE 22ND MAY 2008 / 1ST JYAISHTA 1930 WP(C).No. 855 of 2005(B) ------------------------ PETITIONER: ------------ LALITHA W/O CHATHAKUTTY, THALATTU HOUSE, VETTILAPPARA, KUNNAMKUZHY, ATHIRAPPILLY. BY ADV. SRI.V.M.KRISHNAKUMAR RESPONDENTS: ------------- 1. KERALA STATE HOUSING BOARD, REPRESENTED BY THE SECRETARY, OFFICE OF THE KERALA STATE HOUSING BOARD, THIRUVANANTHAPURAM. 2. KERALA STATE HOUSING BOARD, BRANCH OFFICE, IRINJALAKUDA. 3. DEPUTY TAHSILDAR, REVENUE RECOVERY, MUKUNDAPURAM. 4. THE VILLAGE OFFICER, PARIYARAM, THRISSUR DISTRICT. BY ADV. SRI.A.JAYASANKAR, SC KSHB, TVM FOR R1 & 2 R3&4 BY G.P. SRI.SABU THIS WRIT PETITION (CIVIL) HAVING BEEN FINALLY HEARD ON 22/05/2008, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: APPENDIX PETITIONER'S EXHIBITS: P1: TRUE COPY OF DEMAND NOTICE DT.23.3.02. P2: TRUE COPY OF LETTER DT.17.10.04. P3: TRUE COPY OF THE REPRESENTATION DT.13.12.04. TRUE COPY PA TO JUDGE C.N.RAMACHANDRAN NAIR, J. .................................................................... W.P.(C) No.855 of 2005 .................................................................... Dated this the 22nd day of May, 2008. JUDGMENT Heard counsel for the petitioner and Standing Counsel appearing for the Housing Board. The W.P. is pending for the last over 3 years. Standing Counsel submitted that the amount directed to be paid under interim orders is not paid by the petitioner. It is not known whether petitioner's house is sold consequent upon default in payment under the conditional stay order. If house is not sold and arrears not recovered, then I feel petitioner should be given an opportunity to settle arrears with reduced interest because there has been reduction of interest after granting of loan to the petitioner. The rate originally charged appears to be above 18% and interest rates have been steadily reduced periodically. In the circumstances, W.P. is closed leaving freedom to the petitioner to approach the Secretary of the Housing Board with any reasonable proposal for settlement, either under one time settlement or for re-scheduling of instalments. C.N.RAMACHANDRAN NAIR Judge pms