IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE S.SIRI JAGAN TUESDAY, THE 18TH MAY 2010 / 28TH VAISAKHA 1932 WP(C).No. 14424 of 2010(C) --------------------------------------- PETITIONERS: --------------------- 1. GANGADEVI .R., SREERAGAM, PULLIKKNAKKU P.O., KAYAMKULAM, ALAPPUZHA DISTRICT. 2. SREEKUMARAN PILLAI V., SREERAGAM, PULLIKKNAKKU P.O., KAYAMKULAM, ALAPPUZHA DISTRICT. BY ADV. SRI.O.D.SIVADAS. RESPONDENTS: ------------------------ 1. THE KERALA STATE FINANCIAL ENTERPRISES LIMITED, THRISSUR. 2. THE BRANCH MANAGER, THE KERALA STATE FINANCIAL ENTERPRISES LIMITED, SHORNUR. 3. THE TREASURY OFFICER, SUB TREASURY, KAYAMKULAM, ALAPPUZHA. R1 & R2 BY SRI.M.L.SAJEEVAN, SC, KSFE LTD., R3 BY GOVT. PLEADER SRI. P. NARAYANAN. THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 18/05/2010,THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: prv. S. SIRI JAGAN, J. - - - - - - - - - - - - - - - - - - - - - - - W.P.(C)No. 14424 of 2010 - - - - - - - - - - - - - - - - - - - - - - - Dated this the 18th day of May, 2010 J U D G M E N T The petitioners are aggrieved by coercive proceedings for recovery of the amount due from them to the Kerala State Financial Enterprises, initiated against them and the guarantors. Petitioners submit that they are prepared to pay the amount in installments and in the meanwhile the sureties may not be proceeded against. 2. I have heard the standing counsel appearing for the KSFE who opposes the prayer. Taking into account the facts and circumstances of the case, this writ petition is disposed of with the following directions: The petitioners shall file a representation before the 2nd respondent seeking facility to pay the amounts due in installments, who shall consider the request of the petitioners to pay the amount in installments as sympathetically as W.P.(C)No. 14424 of 2010 -2- possible and pass appropriate orders thereon as expeditiously as possible at any rate within a period of three months from the date of receipt of a copy of this judgment. In the meanwhile the petitioners shall pay an amount of Rs.50,000/- as a condition for considering the request for installment facility. If the petitioners file the representation within three weeks and pays Rs.50,000/- as directed above further coercive steps shall be kept in abeyance until orders are passed by the 2nd respondent on the request made by the petitioner. S. SIRI JAGAN JUDGE shg/