IN THE HIGH COURT OF KERALA AT ERNAKULAM
BECHU KURIAN THOMAS, J
M/S. JIS INTERNATIONAL EXPORTS PVT. LTD. – Appellant
Versus
KERALA STATE FINANCIAL ENTERPRISES LIMITED – Respondent
JUDGMENT
Petitioner had been a subscriber to a chitty under the first respondent. Due to circumstances beyond the control of the petitioner, it is alleged that the chitty amount due from it fell in arrears.
2. Petitioner had availed a chitty from the respondents, and defaulted in payment of the amount of the chitty, and hence, revenue recovery proceedings have been initiated. Though petitioner challenges the revenue recovery proceedings, this Court could not identify any legal infirmities in the proceedings initiated. Hence, it was submitted that an opportunity be granted to repay the amount in instalments.
3. The learned Standing Counsel, upon instructions, submitted that, as on 28.02.2026, the liability of the petitioner would be Rs.1,60,70,201/-. It was also submitted that respondents are willing to accept the repayment in instalments.
4. Having heard the learned counsel for the petitioner as well as the learned Standing Counsel for the respondents, I am of the view that this writ petition can be disposed of with a direction.
Accordingly, there will be a direction to the first respondent to accept repayment of the entire amount of Rs.1,60,70,201/- due from the petitioner, along with
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