IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE C.N.RAMACHANDRAN NAIR TUESDAY, THE 10TH JULY 2007 / 19TH ASHADHA 1929 WP(C).No. 24925 of 2004(P) -------------------------- PETITIONER: ------------ BIJU ANTONY, M/S. 18TH STEP RESORTS (P) LTD., KOLLAMALA, NARAYANATHODE, PATHANAMTHITTA, RESIDING AT VETTACKAL HOUSE, POONITHURA P.O., PETTA JUNCTION, THRIPUNITHURA KOCHI-682 317. BY ADV. SRI.K.R.SUNIL RESPONDENTS: ------------- 1. KERALA FINANCIAL CORPORATION REPRESENTED BY ITS MANAGING DIRECTOR, THIRUVANANTHAPURAM. 2. BRANCH MANAGER, K.F.C., PATHANAMTHITTA. BY SC SRI.V.B. UNNIRAJ THIS WRIT PETITION (CIVIL) HAVING BEEN FINALLY HEARD ON 10/07/2007, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: 2 APPENDIX PETITIONER'S EXHIBITS: EXT.P1 COPY OF THE LOAN SANCTIONING LETTER ISSUED BY THE FIRST RESPONDENT DATED 31.10.2001 TO THE PETITIONER. EXT.P2 COPY OF THE LETTER ISSUED BY THE 2ND RESPONDENT TO THE PETITIONER DATED 6.8.2004. RESPONDENTS' EXHIBITS: NIL TRUE COPY P.S. TO JUDGE. C.N.RAMACHANDRAN NAIR,J. -------------------------------------------- W.P.C. NO. 24925 OF 2007 -------------------------------------------- Dated this the 10th day of July, 2007 JUDGMENT Counsel for the petitioner submitted that liability is settled under OTS scheme. If payment is made under OTS scheme and nothing is due to KFC, there will be direction to respondents to release the title deeds without any delay, to the petitioner. If payment is made voluntarily, there will be direction to respondents not to recover collection charges from the petitioner. W.P. is closed. (C.N.RAMACHANDRAN NAIR) Judge 2