V.Renuka vs M/S.Lic Housing Finance Ltd on 19 January, 2007

       

  

  

 
 
  IN THE HIGH COURT OF KERALA AT ERNAKULAM

WP(C) No. 31709 of 2006(Y)


1. V.RENUKA, W/O.C.V.YASHODHARAN,
                      ...  Petitioner

                        Vs



1. M/S.LIC HOUSING FINANCE LTD.,
                       ...       Respondent

2. THE DISTRICT COLLECTOR,

3. THE TAHASILDAR,

                For Petitioner  :SRI.KKM.SHERIF

                For Respondent  :GOVERNMENT PLEADER

The Hon'ble MR. Justice C.N.RAMACHANDRAN NAIR

 Dated :19/01/2007

 O R D E R
                       C.N.RAMACHANDRAN NAIR, J.

                        ---------------------------------

                          WP(C) No. 31709 of 2006

                           ----------------------------

                Dated, this the 19th day of January, 2007




                                 J U D G M E N T

Since the petitioner has made part-payment of Housing Loan

availed by her in terms of the interim order and in view of the

undertaking made by the petitioner to clear the arrears in ten equal

monthly installments, this writ petition is disposed of, granting facility

to the petitioner to clear the arrears in ten equal monthly installments

with accrued interest and future interest, first installment of which will

be paid on or before 15/02/2007 and balance on or before 15th of

every succeeding nine months. If default is committed by the

petitioner in paying any of the installments as above, the installment

facility granted will stand automatically vacated on first default the

respondents can continue proceedings against the petitioner for

recovering of full arrears.

This writ petition is disposed of as above.

(C.N.RAMACHANDRAN NAIR, JUDGE)

jg.