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. 5331 of 2011(N) ------------------------- PETITIONER(S): --------------------------- THALIYARATH SANTHA,W/O.KUMARAN, KOOVODE.P.O,KUTTIKOL,TALIPARAMBA TALUK, KANNUR DISTRICT. BY ADVS. SRI.C.A.JOSEPH SRI.K.K.MOIDEEN RESPONDENT(S): ------------------------ 1. THE KERALA STATE HOUSING BOARD, REPRESENTED BY THE ASSISTANT SECRETARY, KANNUR DIVISION,P.O.KANNUR-670 O01. 2. THE SPECIAL DEPUTY COLLECTOR, REVENUE RECOVERY, KERALA STATE HOUSING BOARD, THIRUVANANTHAPURAM-695001. BY SRI.A.JAYASANKAR THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 10/03/2011, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: VK P.R.RAMACHANDRA MENON, J -------------------------------------- W.P.(C) No.5331 OF 2011 -------------------------------- Dated this the 10th day of March 2011 JUDGMENT The petitioner had availed a housing loan from the respondent Board, which could not be repaid in time, leading to coercive proceedings as borne by Ext.P2, which in turn are under challenge in this Writ Petition. 2. The learned counsel for the petitioner submits that the first respondent has declared a 'One Time Settlement Scheme', which is stated as in existence till 30-06-2011 and that the petitioner would like to avail the benefit thereunder, stating that the entire liability will be cleared in terms of the 'scheme'. 3. Heard the learned standing counsel as well, who submits on instruction, that the liability to be cleared by the petitioner on extending the benefit of O.T.S is Rs.3,39,080/- as on 30-06-2011. 4. In the said circumstances, the petitioner is at liberty to avail the benefit of the 'scheme' as aforesaid and to satisfy the due amount accordingly. Subject to this, the recovery proceedings now stated as being pursued shall be kept in abeyance till such time. If the amount is not satisfied as per norms of the 'scheme', the W.P.(C) No.5331/2011 - 2 - respondents will be free to proceed with further steps for realisation of the amount actually due from the petitioner by resorting to appropriate proceedings in accordance with law. Writ Petition is disposed of. vdv P.R.RAMACHANDRA MENON, JUDGE