IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE V.GIRI MONDAY, THE 10TH NOVEMBER 2008 / 19TH KARTHIKA 1930 WP(C).No. 32304 of 2008(U) -------------------------- PETITIONER: --------------- SAJAYA KUMAR, SREE BUDHA COIR WORKS, MAYITHARA MARKET.P.O, CHERTHALAI. BY ADV. SRI.M.BALAGOVINDAN RESPONDENTS: --------------- 1. KERALA FINANCIAL CORPORATION REPRESENTED BY ITS MANAGING DIRECTOR, HEAD OFFICE, THIRUVANANTHAPURAM. 2. BRANCH MANAGER, KFC BRANCH OFFICE, KUMARANASAN SMARAKA BUILDING, COURT ROAD, ALAPPUZHA. ADV. SRI.V.B.UNNIRAJ, SC, KFC THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 10/11/2008, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: V.GIRI,J. ------------------------- W.P ( C) No.32304 of 2008 -------------------------- Dated this the 10th November, 2008 J U D G M E N T Petitioner is offered for one time settlement of the amount due from him has been accepted by the Corporation. They required him to pay an amount of Rs. 3,55,000/- in full and final settlement of the dues which otherwise was stated to be an amount of Rs. 7,54,695/- as on 1.10.2008. Obviously, there are no grounds to interfere with Exhibit P7. Petitioner prays for time to pay the amount and pleads his inability to raise the amount within the time limit granted under Exhibit P7. 2. I heard V.B..Unniraj, learned standing counsel for the Corporation also. 3. In the result, petitioner may forthwith hand over the demand craft, a copy of which is marked as Exhibit P8 along with writ petition, at any rate, on or before 17.11.2008. Balance amount of Rs.2,55,000 along with interest thereon as mentioned in Exhibit P7 shall be W.P ( C) No.32304 of 2008 2 paid on or before 15.12.2008. If such payment is effected, it shall be treated as discharge of the liability of the petitioner incurred with the Corporation. If there is default in payment, it is open to the Corporation to take further steps. The writ petition is disposed of as above. (V.GIRI,JUDGE) ma W.P ( C) No.32304 of 2008 3 W.P ( C) No.32304 of 2008 4