IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE THOTTATHIL B.RADHAKRISHNAN THURSDAY, THE 22ND OCTOBER 2009 / 30TH ASWINA 1931 WP(C).No. 27537 of 2009(J) -------------------------- PETITIONER(S): --------------- E.V.SASIDHARAN, S/O. VASU, UPHOLSTERER (RETD. ON 31-05-2008) KSRTC KOTTAYAM PARUTHUMPARAYIL HOUSE, SOUTH OF MANCRAMA, KOTTAYAM NOW RESIDING AT CHAVADIYIL HOUSE, KARAPPUZHA, KOTTAYAM. BY ADV. SRI.P.P.SOMAN NAIR RESPONDENT(S): --------------- 1. THE K.S.R.T.C., REP. BY ITS MANAGING DIRECTOR, TRANSPORT BHAVAN, FORT.P.O., THIRUVANANTHAPURAM-23. 2. THE FINANCIAL ADVISOR AND CHIEF ACCOUNTS OFFICER, K.S.R.T.C, TRANSPORT BHAVAN, FORT.P.O., THIRUVANANTHAPURAM-23. 3. THE ASSISTANT ACCOUNTS OFFICER (PENSION), K.S.R.T.C., TRANSPORT BHAVAN, FORT.P.O., THIRUVANANTHAPURAM-23. 4. THE DIST. TRANSPORT OFFICER K.S.R.T.C. KOTTAYAM. 5. STATE BANK OF INDIA, REP. BY ITS MANAGER (PERSONAL BANKING DIVISION) KOTTAYAM. R1 TO R4 BY ADV.JOHNSON P.JOHN, S.C. R5 BY ADV.SRI.R.S.KALKURA, S.C. THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 22/10/2009, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: THOTTATHIL B.RADHAKRISHNAN, J. ------------------------------------------- W.P(C).No.27537 OF 2009 ------------------------------------------- Dated this the 22nd day of October, 2009 JUDGMENT The petitioner retired from the service of the Kerala State Road Transport Corporation on 31.5.2008. He is facing a civil suit at the instance of the State Bank of India. He pleads that his retiral benefits may be released out of turn to satisfy the debt due to the bank. Taking a pragmatic view of the relevant facts and factors into consideration, learned counsel for the State Bank of India is required to state the rock bottom amount with which the matter could be settled in so far as the suit is concerned. Learned counsel states that if the petitioner makes an application for One Time Settlement, that would be considered by the appropriate committee and a decision rendered within a period of one month. Taking that into consideration, it is ordered that if the petitioner makes a representation to the bank for One Time Settlement of the transaction that is the subject matter of the suit, the bank will WPC.27537/09 Page numbers take a decision as stated above and communicate it to the petitioner and on production of the copy of that communication, the KSRTC will release retiral benefits due to the petitioner to the extent that is required to wipe off the debt due to the bank by cheque payable to the bank. The remaining portion will be released within a further period of six months. The writ petition is ordered accordingly. Sd/- THOTTATHIL B.RADHAKRISHNAN, Judge. kkb.23/10.