IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE T.R.RAMACHANDRAN NAIR FRIDAY, THE 25TH JULY 2008 / 3RD SRAVANA 1930 OP.No. 14629 of 2003(N) --------------------------------- PETITIONERS: ------------------- 1. V.R.SATHEESAN, S/O. RAGHAVAN, AGED 45 YEARS, VETTOMKATTU HOUSE, PERUMBALAM, CHERTHALA TALUK. 2. RADHA SATHEESAN, W/O. V.R.SATHEESAN, AGED 42 YEARS, VETTOMKATTU HOUSE, PERUMBALAM, CHERTHALA TALUK. BY ADV. SRI.B.N.SHIVSANKAR RESPONDENTS: ----------------------- 1. DEPUTY THAHASILDAR (R.R), CHERTHALA. 2. VILLAGE OFFICER, PERUMBALAM, CHERTHALA. 3. OFFICIAL LIQUIDATOR (IN THE MATTER OF ST.MARY'S FINANCE LTD.) HIGH COURT OF KERALA, ERNAKULAM. BY GOVERNMENT PLEADER SRI.P.A.SALIM THIS ORIGINAL PETITION HAVING BEEN FINALLY HEARD ON 25/07/2008, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: O.P. NO.14629/2003-N APPENDIX PETITIONER'S EXHIBITS: EXT.P1: COPIES OF THE REVENUE RECOVERY NOTICE DATED 04/04/03. RESPONDENT'S EXHIBITS: NIL // TRUE COPY // P.S. TO JUDGE Rs/ T.R. Ramachandran Nair, J. - - - - - - - - - - - - - - - - - - - - - - - - O.P.NO.14629 of 2003-N - - - - -- - - - - - - - - - - - - - - - - - - - - Dated this the 25th day of July, 2008. JUDGMENT The petitioners have approached this court challenging the revenue recovery proceedings initiated for realisation of amounts due to the Official Liquidator in the matter of St. Mary's Finance Limited. Ext.P1 series are the revenue recovery notices. The ground taken is that no amount is due from the petitioners and the loan was availed mortgaging the second petitioner's property and that at any rate, those properties can be proceeded against. As per the interim order dated 6.5.2003, the petitioners were directed to pay an amount of Rs.10,000/-. It is stated in the counter affidavit that the said amount was paid by them. 2. If any balance amount is yet to be paid as on today, the petitioners will be allowed to pay the same in ten equal monthly instalments and the last instalment should cover the entire balance. The first instalment shall be paid on or before 31.8.2008 and further instalments shall be paid on or before the last day of the succeeding months. If any default is committed in OP 14629/2003 -2- paying two consecutive instalments, the respondents can proceed to recover the same. The writ petition is disposed of as above. No costs. (T.R. Ramachandran Nair, Judge.) kav/ OP 14629/2003 -3- T.R. Ramachandran Nair, J. - - - - - - - - - - - - - - - - - - - - - - - - O.P.NO.14629 of 2003-N - - - - -- - - - - - - - - - - - - - - - - - - - - JUDGMENT 25th day of July, 2008.