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2025 Supreme(Ker) 1327

IN THE HIGH COURT OF KERALA AT ERNAKULAM
P.M. MANOJ, J
P.Sankaran Namboothiri, S/o.S.Parameswaran Namboodiri – Appellant
Versus
Kerala State Financial Enterprises Ltd – Respondent


Advocates:
Advocate Appeared:
For the Appellant : ADV P.SANKARAN NAMBOODIRI
For the Appellant : ADVS. SRI.M.GOPIKRISHNAN NAMBIAR, SRI.P.BENNY THOMAS, SRI.K.JOHN MATHAI,  SRI.JOSON MANAVALAN, SRI.KURYAN THOMAS, SMT. POOJA MENON, SRI. BINOY DAVIS, GOVT. PLEADER., SMT. A. ARUNA, AMICUS CURIAE

JUDGMENT :

P.M.MANOJ, J.

The writ petition is preferred primarily challenging Ext.P2 and related Ext.P1 memo of charges, Ext.P3 enquiry report and Ext.P5 order passed in the appeal.

2. The petitioner was an employee of the Kerala State Financial Enterprises (for short ‘KSFE’) - the 1st respondent. He entered into the service of the 1st respondent on 28.08.1978. At the time of termination, he had completed 29 years of service.

3. While initiating disciplinary proceedings, he was working as the Senior Manager. The issue involved in this case is with respect to his tenure in the Loan Unit at Kottayam. During those periods, he had sanctioned 300 loans, which amounts to Rs.3 Crores. Out of which, the dispute was raised with respect to 24 loans, which were defaulted, and on examination and verification of the documents, certain irregularities were found, and the petitioner was charge-sheeted after two years.

4. Going by the charge memo, which is produced as Ext.P1, it is stated that the petitioner, in blatant violations of the procedures in vogue, had sanctioned loans amounting to Rs.34,40,000/- to a group of persons related to Sri.M.R.Sasikumar, one of the Chitty Canvassing Agents, during a

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