Maya vs the Kerala State Backward Classes Development Corporation Ltd.

MAYA vs The Kerala State Backward Classes Development Corporation Ltd.

Type Court Judgment Court Kerala Decided Apr 08, 2024

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https://sooperkanoon.com/case/1322812

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Citation: sooperkanoon.com/1322812
Court: Kerala High Court
Judge: Honourable Mr. Justice Devan Ramachandran
Decided On: Apr 08, 2024
Case Number: WP(C)/14496/2024

Parties & Advocates

Appellant / Petitioner

MAYA

Respondent

The Kerala State Backward Classes Development Corporation Ltd.

Excerpt

.....and interest, provided same is paid by her in not more than 24 equal monthly installments.2. the learned counsel for the petitioner - sri.k.rakesh, accepted the afore suggestion; taking note of the afore submissions and inorder to obtain a balance between the rivalinterests of the parties, i allow this writ petition, permitting the petitioner to pay off the aforementioned amount, along with all applicable charges and interest, in 24 equal monthly installments commencing from 15.05.2024.needless to say, if the amounts as afore are paid by the petitioner, the account will stand closed and the corporation will return to her all security documents as are necessary; but, if on the contrary, any two instalments are defaulted, the benefit of this judgment will be lost to her and the corporation will be at full liberty to pursue further action pursuant to ext.p1, without having to obtain further orders from this court. it is also needless to say, therefore, that as long as the amounts as afore are paid, all further action pursuant to ext.p1 will stand deferred.sd/- devan ramachandran judge sas appendix of wp(c) 14496/2024 petitioner’s exhibits: exhibit p1 a true copy of the notice issued by the 1st respondent dated 4-3-2024 exhibit p2 a true copy of the notice dated 20-1-2024 issued by the 2nd respondent

Full Judgment

IN THE HIGH COURT OF KERALA AT ERNAKULAM
PRESENT THE HONOURABLE MR. JUSTICE DEVAN RAMACHANDRAN MONDAY, THE 8TH DAY OF APRIL 2024 / 19TH CHAITHRA, 1946 PETITIONER: MAYA AGED 40 YEARS D/O. SOBHANA, ROADARIKATH PUTHENVEEDU, VALOOKKONAM, PANACODE P.O., THIRUVANANTHAPURAM DISTRICT, PIN - 695542 BY ADV K.RAKESH RESPONDENTS: 1 THE KERALA STATE BACKWARD CLASSES DEVELOPMENT CORPORATION LTD., 2ND FLOOR, PATTOOR, VANCHIYOOR P.O., THIRUVANANTHAPURAM, REPRESENTED BY ITS MANAGER, PIN - 2 THE TAHSILDAR (RR) TAHASILDAR OFFICE, NEDUMANGAD, THIRUVANANTHAPURAM DISTRICT, PIN - 695541 BY ADV M.SASINDRAN SC THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 08.04.2024, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING:

JUDGMENT

When this matter was called today, the learned Standing Counsel for the respondent - ‘Kerala State backward Classes Development Corporation’ (“Corporation” submitted that the loan account of the petitioner involved in this case can be settled for a total amount of Rs.4,53,682/-, as on 06.04.2024, along with all applicable charges and interest, provided same is paid by her in not more than 24 equal monthly installments.

2. The learned counsel for the petitioner - Sri.K.Rakesh, accepted the afore suggestion; Taking note of the afore submissions and in

order to obtain a balance between the rival

interests of the parties, I allow this writ petition, permitting the petitioner to pay off the aforementioned amount, along with all applicable charges and interest, in 24 equal monthly installments commencing from 15.05.2024.

Needless to say, if the amounts as afore are paid by the petitioner, the account will stand closed and the Corporation will return to her all security documents as are necessary; but, if on the contrary, any two instalments are defaulted, the benefit of this judgment will be lost to her and the Corporation will be at full liberty to pursue further action pursuant to Ext.P1, without having to obtain further orders from this Court. It is also needless to say, therefore, that as long as the amounts as afore are paid, all further action pursuant to Ext.P1 will stand deferred.

Sd/- DEVAN RAMACHANDRAN JUDGE SAS APPENDIX OF WP(C) 14496/2024 PETITIONER’S EXHIBITS: Exhibit P1 A TRUE COPY OF THE NOTICE ISSUED BY THE 1ST RESPONDENT DATED 4-3-2024 Exhibit P2 A TRUE COPY OF THE NOTICE DATED 20-1-2024 ISSUED BY THE 2ND RESPONDENT

Same Court & Year Kerala · 2024 Same Parties MAYA vs The Kerala State Backward Classes Development Corpora... Same Judge Honourable Mr. Justice Devan Ramachandran