IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE S.SIRI JAGAN TUESDAY, THE 16TH JUNE 2009 / 26TH JYAISHTA 1931 WP(C).No. 30870 of 2007(Y) -------------------------- PETITIONER: ------------- C.C.SEBASTIAN, CHERUVULATH HOUSE, KIZHARIYOOR P.O., KOYILANDY (VIA), KOZHIKODE. BY ADV. SRI.C.C.ABRAHAM RESPONDENTS: ---------------- 1. KERALA KHADI AND VILLAGE INDUSTRIES BOARD, THIRUVANANTHAPURAM, REP. BY ITS SECRETARY. 2. THE CHIEF MANAGER, KERALA FINANCIAL CORPORATION, DISTRICT OFFICE, KALLAYI ROAD, KOZHIKODE. R1 BY ADV. SRI.K.P. HARISH,SC,KHADI BOARD R2 BY ADV. SRI.V.B. UNNIRAJ, SC, KFC. THIS WRIT PETITION (CIVIL) HAVING BEEN FINALLY HEARD ON 16/06/2009, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: WPC : 30870/07 APPENDIX PETITIONER'S EXHIBITS: EXT.P1 : TRUE COPY OF THE ORDER NO.KB/11752/95/BF DATED 28.10.95 ISSUED BY THE 1ST RESPONDENT. EXT.P2 : TRUE COPY OF THE ORDER NO.KB/11752/95/BF DATED 16.05.05 ISSUED BY THE 1ST RESPONDENT. EXT.P3 : TRUE COPY OF THE REPRESENTATION DATED 14.06.07 SUBMITTED BY THE PETITIONER TO THE 1ST RESPONDENT. EXT.P4 : TRUE COPY OF THE LETTER NO.KB/11752/95/BF DATED 13.07.07 ISSUED BY THE 1ST RESPONDENT. EXT.P5 : TRUE COPY OF THE JUDGMENT IN WPC:16149/06 DATED 01.08.07 ISSUED BY THE HON'BLE HIGH COURT OF KERALA. /TRUE COPY/ PA TO JUDGE S. SIRI JAGAN, J. ------------------------------------------------- W.P.(C)No. 30870 OF 2007 ------------------------------------------------- Dated this the 16th day of June, 2009 JUDGMENT The petitioner is an entrepreneur who started a crusher unit with the financial assistance of the 2nd respondent, Kerala Financial Corporation(KFC). As per a scheme evolved by the 1st respondent the petitioner is entitled to interest subsidy for the loan taken by the petitioner from the KFC for his venture. Petitioner’s grievance is that full amount of subsidy has not been paid to the petitioner by the 1st respondent allegedly citing the reason of paucity of funds. Although a part of the amount has been paid, according to the petitioner, an amount of Rs.60,000/- is still due to the petitioner as interest subsidy. Petitioner points out that in Ext.P5 judgment, in a similar case, this Court has directed the 1st respondent to pay interest subsidy to another entrepreneur within a period of two months. 2. The learned counsel for the 1st respondent submits that fund for the interest subsidy has to come from the Government. It is because the Government has not made available sufficient funds for payment of the same, the same could not be paid. He now submits WPC : 30870/07 -:2:- that by letter dated 11.6.09 the Government has directed the 1st respondent to disburse interest subsidy claims of all eligible persons from unspent portion of plan funds available with the 1st respondent within two months from the date of receipt of a copy of that letter. In the above circumstances, counsel for the 1st respondent would submit that the amounts due to the petitioner as interest subsidy would be paid within two months. This is recorded and the writ petition is disposed of with a direction to the 1st respondent to disburse the balance interest subsidy due to the petitioner as expeditiously as possible, at any rate, within two months from the date of receipt of a copy of this judgment. S. SIRI JAGAN, JUDGE ttb