IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE P.R.RAMACHANDRA MENON WEDNESDAY, THE 28TH JULY 2010 / 6TH SRAVANA 1932 WP(C).No. 37350 of 2009(K) -------------------------- PETITIONER: --------------- GEORGE SCARIA, AGED 43 YEARS, S/O. SCARIA, VENATTU HOUSE, CHOLATHADAM POONJAR SOUTH, KOTTAYAM. BY ADV. SRI.M.J.THOMAS RESPONDENTS: --------------- 1. THE KERALA STATE HOUSING BOARD, THIRUVANANTHAPURAM, REPRESENTED BY ITS SECRETARY. 2. THE BRANCH MANAGER, KERALA STATE HOUSING BOARD, BRANCH OFFICE, PALA. 3. THE DEPUTY COLLECTOR AND CHIEF REVENUE OFFICER, KERALA STATE HOUSING BOARD, THIRUVANANTHAPURAM. 4. THE VILLAGE OFFICER, POOJNAR, KOTTAYAM. R1 TO R3 BY SRI.A.JAYASANKAR, SC, KSHB, TVM R4 BY SR.GOVERNMENT PLEADER ADV. MR.. MATHEW GEORGE VADAKKEL THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ORDERS ON 28/07/2010, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: P.R. RAMACHANDRA MENON, J. .............................................................................. W.P.(C) No. 37350 OF 2009 ......................................................................... Dated this the 28th July , 2010 J U D G M E N T The petitioner had availed a housing loan of Rs. Five lakhs from the respondent in the year 1998, but repayment was a matter of seldom exercise, which made the petitioner a defaulter. Met with the said circumstance, the respondent Board proceeded with coercive steps invoking the remedy under the Revenue Recovery Act, which is sought to be intercepted in this Writ Petition. 2. The learned Standing Counsel appearing for the Board, on instruction, submits that the outstanding liability is Rs.20,49,304/- while the petitioner is required to satisfy only a sum of Rs.10,40,453/- to have loan account settled under the 'OTS' Scheme, which is valid upto 30.09.2010 and that the petitioner is eligible to have the benefit of the Scheme. 3. The above submission is recorded and the Writ Petition W.P.(C) No. 37350 OF 2009 2 is disposed of, permitting the petitioner to clear the said liability in accordance with the terms of the 'OTS' scheme on or before 30.09.2010. Subject to this, the coercive proceedings stated as being pursued against the petitioner shall be kept in abeyance. If any default is committed by the petitioner in clearing the liability as above, the respondent Board will be at liberty to pursue further steps for realisation of the entire amount in a lump. The Writ Petition is disposed of. P.R. RAMACHANDRA MENON, JUDGE. lk