IN THE HIGH COURT OF KERALA AT ERNAKULAM
WA.No. 800 of 2009()
1. P.K. JAMALUDHEEN,
... Petitioner
Vs
1. THE LIC HOUSING FINANCE LTD.,
... Respondent
2. V. VIJAYAKUMAR,
For Petitioner :SRI.T.R.RAMADASAN
For Respondent : No Appearance
The Hon'ble the Chief Justice MR.S.R.BANNURMATH
The Hon'ble MR. Justice KURIAN JOSEPH
Dated :07/04/2009
O R D E R
S.R.Bannurmath, C.J. & Kurian Joseph, J.
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W.A No. 800 of 2009
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Dated, this the 7th day of April, 2009
JUDGMENT
Kurian Joseph, J.
Appellant is the petitioner in the writ petition. He
approached this Court aggrieved by the recovery steps initiated by
the first respondent. Learned counsel appearing for the first
respondent submitted that during the pendency of the writ petition
and the writ appeal, steps have been taken to regularize the loan
account. It is also submitted that as a special case additional
interest has been waived and the appellant/petitioner need only
pay the equated monthly instalments by the expiry of the original
loan period and the equated monthly instalments are to be paid
from March, 2009 onwards.
2. Having heard learned counsel for the appellant and
considering the entire facts and circumstances of the case, we
W.A. No.800 of 2009
– 2 –
dispose of the writ appeal with a direction that on regularization of
the loan account, the appellant shall pay the equated monthly
instalments from May, 2009 onwards. A statement of account to
that effect will be furnished to the appellant within a period of two
weeks from today.
S.R.Bannurmath,
Chief Justice
Kurian Joseph,
Judge
vns