:1: IN THE HIGH COURT OF JUDICATURE AT BOMBAY IN THE HIGH COURT OF JUDICATURE AT BOMBAY IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION ORDINARY ORIGINAL CIVIL JURISDICTION ORDINARY ORIGINAL CIVIL JURISDICTION WRIT PETITION NO. 162 OF 2008 WRIT PETITION NO. 162 OF 2008 WRIT PETITION NO. 162 OF 2008 Ramesh Hiralal (HUF) & Anr. ..Petitioners versus The Union of India & Ors. ..Respondents Mr. P. R. Kadam for the Petitioners. Mr. Prajapati with Mr. Mandar Goswami for the Respondents. CORAM : BILAL NAZKI and CORAM : BILAL NAZKI and CORAM : BILAL NAZKI and S. A. BOBDE, JJ. S. A. BOBDE, JJ. S. A. BOBDE, JJ. DATE : 14TH FEBRUARY, 2008. DATE : 14TH FEBRUARY, 2008. DATE : 14TH FEBRUARY, 2008. P.C. P.C. P.C. 1. The petitioners had purchased Kisan Vikas Patra and on maturity they were entitled to an amount of Rs.70,000/- on the certificates they had purchased. Even after maturity, the amount was not paid to them on the ground that they had purchased certificates in the name of HUF, which was not permissible. 2. This issue has also been considered by this court in Writ Petition No. 1005 of 2007 (Nicholas Writ Petition No. 1005 of 2007 (Nicholas Writ Petition No. 1005 of 2007 (Nicholas Employees Co-operative Credit Society Ltd. vs. Employees Co-operative Credit Society Ltd. vs. Employees Co-operative Credit Society Ltd. vs. :2: Union of India & Ors.) Union of India & Ors.) Union of India & Ors.) and both the counsels agree that the controversy raised in this petition can be disposed of in terms of the directions given in that writ petition. Therefore, we dispose of this petition with the following directions:- (i) The petitioners would, in terms of the provisions contained in the Proviso to Rule 13(1) of the Post Office Saving Certificates Rules, 1960 (as made applicable by virtue of Rule 3 of the Kisan Vikas Patra Rules, 1988), be entitled to interest at the applicable rate as stipulated therein from the date of the investment until the date of maturity; (ii) The aforesaid payments shall be made to the petitioners within a period of four weeks from today; (iii) The directions contained in Clauses (i) and (ii) above shall be without prejudice, to the rights of the Petitioners to submit a representation to the Central Government to exercise :3: the power of relaxation with reference to provision of Rule 17 of the Kisan Vikas Patra Rules, 1988. In the event that such an application is made within a period of four weeks from today, the Central Government shall consider the representation in accordance with law and issue a communication to the Petitioners, recording reasons for the decision to grant or deny, as the case may be, the benefit of the relaxation. Such a decision shall be arrived at within a period of three months of the receipt of the representation by the Competent Authority. In the event that the Central Government favourably considers the request made on behalf of the petitioners, due credit shall be given for the payment of interest that has been effected in compliance with the provision contained in clause (i) of this Order. (BILAL NAZKI, J.) (BILAL NAZKI, J.) (BILAL NAZKI, J.) :4: (S. A. BOBDE, J.) (S. A. BOBDE, J.) (S. A. BOBDE, J.)