IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE V.GIRI THURSDAY, THE 31ST JANUARY 2008 / 11TH MAGHA 1929 WP(C).No. 3046 of 2008(K) ------------------------- PETITIONER: ------------ P.K.SULAIMAN HAJI, PUTHENPURAYIL HOUSE, PUTHUSSERYKADAVU, KUPPADITHARA, VYTHIRI, WAYANAD DISTRICT. BY ADV. SRI.P.C.SASIDHARAN RESPONDENTS: ------------- 1. THE KERALA STATE FINANCIAL ENTERPRISES REPRESENTED BY ITS GENERAL MANAGER, BHADRATHA, MUSEUM ROAD, TRICHUR - 680020. 2. THE BRANCH MANAGER, KERALA STATE FINANCIAL ENTERPRISES LTD. KALPETTA BRANCH, KALPETTA, WAYANAD. 3. THE SPECIAL DEPUTY THASILDAR (R.R) KERALA STATE FINANCIAL ENTERPRISES LTD., KALLAI ROAD, KOZHIKODE - 673 002. BY ADV. SRI.M.SASINDRAN, SC, K.S.F.E., LTD. THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 31/01/2008, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: V.GIRI, J ------------------- W.P.(C).3046/2008 -------------------- Dated this the 31st day of January, 2008 JUDGMENT Though contentions have been raised by the petitioner in relation to the propriety of the rate of interest levied by the respondents on the amount due from the petitioner, Mr.P.C.Sasidharan, learned counsel for the petitioner submits that the petitioner will pay the balance amount due, provided some breathing time is afforded. 2. I head the learned Standing Counsel for the KSFE as well. 3. In the circumstances, writ petition is disposed of directing the respondents to keep in abeyance further proceedings in pursuance of Ext.P1 for a period of four months, provided the petitioner pays the amount due from him as per Ext.P1, within a period of three months from today. The respondents are entitled to proceed with Ext.P1, if there is default on the part of the petitioner in paying the amount as directed above. V.GIRI, Judge mrcs