IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE ANTONY DOMINIC FRIDAY, THE 27TH MARCH 2009 / 6TH CHAITHRA 1931 WP(C).No. 9936 of 2009(J) ------------------------- PETITIONER(S): --------------- JALAJAMANI, D/O.LATE NPADMANABHAPILLAI, MATTAKARA HOUSE, SIVAJI NAGAR, KALAYAM P.O., THIRUVANANTHAPURAM-43. BY ADV. SRI.WILSON URMESE RESPONDENT(S): --------------- 1. THE MANAGING DIRECTOR, KERALA FINANCIAL CORPORATION, VELLAYAMBALAM, THIRUVANANTHAPURAM-695 033. 2. THE CHIEF MANAGER, KERALA FINANCIAL CORPORATION, BRANCH OFFICE, VELLAYAMBALAM, THIRUVANANTHAPURAM-695 033. 3. MANUAL THOMAS, C.K.THOMAS & CO., PUTHUSSERIL, KUNNUKUZHI, VANCHIYOOR P.O., THIRUVANANTHAPURAM-35. BY SC SRI. R.S. KALKURA THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 27/03/2009, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: ANTONY DOMINIC,J. --------------------- W.P.(C).No.9936 OF 2009 ------------------------ Dated this the 27th day of March, 2009. JUDGMENT Petitioner states that her husband was a guarantor to one Manuel Thomas, who had availed of loan from the respondent corporation. The loanee committed default and finally by Ext.P2, the guarantors were given an option to pay their share of the defaulted amount and get their respective properties mortgaged to the corporation released. However, payment could not be made within the time specified in Ext.P2 and the petitioner now has filed Ext.P5 requesting the first respondent to extend the benefit of Ext.P2, agreeing to pay an amount of Rs.40 lakhs to get the properties released. Orders have not passed on Ext.P5 and therefore this writ Petition has been filed. 2. Heard the standing counsel for the respondent. WP(c).N.9936/09 /2/ 3. From Ext.P2 it is seen that it was offered that, if the petitioner paid Rs. 29.15 lakhs within the time specified therein she could have get the property released. Presently what the petitioner seeks is the benefit of Ext.P2, but however on payment of a much higher amount of Rs.40 lakhs. In view of Exts.P2 and P5, I feeL that the case of the petitioner deserves consideration. Accordingly, I direct that the respondent shall consider and pass orders on Ext.P5 as expeditiously as possible and at any rate within 6 weeks from the date of production of a copy of the judgment . Writ Petition is disposed of as above. (ANTONY DOMINIC) JUDGE vi/ WP(c).N.9936/09 /2/