HONOURABLE SMT JUSTICE T.MEENAKUMARI WRIT PETITION NO:20936 OF 2009 DATE:22.7.2010. Between: M.A. Nayeem Baig …Petit And: 1. A.P. State Road Transport Corporation rep., by its Manag Director, Musheerabad, Hyderabad and others. …Respond This Court made the following: HONOURABLE SMT JUSTICE T.MEENAKUMARI WRIT PETITION NO:20936 OF 2009 ORDER: This writ petition is filed by the petitioner seeking a writ of mand to declare the order passed by the 3rd respondent in procee No.DSP/785 (4)/2009-BSW, dated 6.8.2009 as illegal and arbitrary consequently, to grant all consequential benefits. The case of the petitioner reads as follows: He joined the service of the respondent-Corporation as a clean 26.11.1975 and thereafter, he was promoted as Electrician on 11.2.197 further promoted as Leading Hand in 2006 and further promoted as D Superintendent and presently, he is working under the Control of the D Manager, Bodhan. He submitted an application for sanction of H Building Advance in the year 1989 for a sum of one lakh rupees and th was sanctioned the said amount and first instalment of Rs.33,300/- was on 13.9.1991 and then, he started construction and that the 2nd instalm Rs.33,300/- was released on 13.7.1992. While so, he was transferred Nizamabad to Banswada and therefore, he could not complete construction. Again, he was transferred back to Nizamabad in the 1995 and he wanted to start further construction. Meanwhile, the dau of the petitioner was affected with Tuberculosis. He submitte application for release of third instalment and after receipt of the applic the Deputy Chief Personnel Manager directed the Depot Manager to im penal recovery. The Depot Manager Nizamabad issued charge sheet 6.5.1999 and also kept him under suspension by order dated 6.5.1 Questioning the same, the petitioner filed WP No.13585 of 1999 an said writ petition was allowed on 19.1.2009. Thereafter, on 7.5.20 show cause notice was issued to the petitioner, for which he submitte explanation and then, the 3rd respondent passed the order impu herein. Aggrieved by the same, the petitioner preferred an appeal befo 2nd respondent and the said appeal is pending. Heard the learned Counsel and perused the material availab record. On 25.9.2009, while admitting the writ petition, this Court gr interim stay of operation of the order impugned in the writ petition. respondents-authorities filed WVMP along with a counter-affidavit. The learned Counsel for the petitioner submitted that the ho loan was recovered from the salary of the petitioner and there are no du respect of the principal loan amount and therefore, the imposition of interest at the rate of 24% per annum is exorbitant. In the counter-affidavit filed by the respondents also, it is stated the principal loan amount was recovered from the petitioner. In view of the facts and circumstances of the case and in view fact that the principal amount of the loan has already been recovered, that the interest imposed by the 3rd respondent is excessive and it ca reduced to that of 6% p.a. Accordingly, the writ petition is disposed of modifying the inter 24% per annum to that of 6% p.a., on the loan obtained by the petitione deducting the amounts of interest, if any paid. The recovery of the amo the revised rate of interest at 6% p.a. shall be commenced from the mo August, 2010. It is also made clear that this order should not be a prec in future cases. No order as to costs. _____________________ Justice T.Meenaku Date:22.07.2010 NN HONOURABLE SMT JUSTICE T.MEENAKUMARI WRIT PETITION NO:20936 of 2009 DATE:22.7.2010.