IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE C.N.RAMACHANDRAN NAIR THURSDAY, THE 2ND NOVEMBER 2006 / 11TH KARTHIKA 1928 WP(C).No. 31724 of 2004(B) -------------------------- PETITIONER: ------------ P.S.BABU, S/O. SIVARAMADAS, PARAPARAMBIL HOUSE, PULLOOR VILLAGE, MUKUNDAPURAM TALUK. BY ADV. SRI.G.SREEKUMAR (CHELUR) RESPONDENTS: ------------- 1. THE MANAGING DIRECTOR, K.S.F.E., CHEMBUKAVU, THRISSUR DISTRICT. 2. MANAGER, K.S.F.E., CHALAKKUDY BRANCH, THRISSUR DISTRICT. 3. THE DEPUTY TAHSILDAR (R.R), K.S.F.E, THRISSUR. BY ADV. SRI.RAJU JOSEPH, ADDL.SC.,KSFE LTD. THIS WRIT PETITION (CIVIL) HAVING BEEN FINALLY HEARD ON 02/11/2006, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: 2 APPENDIX PETITIONER'S EXHIBITS: EXT.P1 TRUE COPY OF THE JUDGMENT IN OP 520 OF 1998 DATED 16.12.2000 ON THE FILE OF THE HON'BLE COURT. EXT.P2 TRUE COPY OF THE SALE NOTICE ISSUED BY THE 3RD RESPONDENT DATED 3.9.2004 EXT.P3 TRUE COPY OF THE REPRESENTATION SUBMITTED BY THE PETITIONER BEFORE THE RESPONDENTS DATED 19.10.2004 RESPONDENTS' EXHIBITS: NIL. TRUE COPY P.S. TO JUDGE. C.N.RAMACHANDRAN NAIR,J. -------------------------------------------- W.P.C.NO. 31724 OF 2004 -------------------------------------------- Dated this the 2nd day of November, 2006 JUDGMENT W.P. is filed challenging the revenue recovery proceedings for recovery of arrears of loan taken by the petitioner from KSFE. Even though conditional stay was granted by this Court, standing counsel for KSFE submitted that petitioner has not complied with the condition and so much so, stay is not in force. Moreover, I do not find any tenable contention is raised in the W.P. because loan is admitted and recovery is in accordance with law. It is for the petitioner to make an application for OTS benefit and if such an application is filed , the KSFE will consider the same and grant reasonable time to the petitioner to settle the liability. W.P. is closed as above. (C.N.RAMACHANDRAN NAIR) Judge 2