The High Court may exercise its discretionary powers to grant installment payment plans for repaying financial liabilities to public sector entities, thereby staying co-active revenue recovery actions, provided the borrower maintains timely payments.

JUDGMENT

Petitioner was subscribed to a chitty and prized the same from the 1^st respondent, Kerala State Financial Enterprises (KSFE). Due to circumstances beyond his control, it is alleged that the loan amount due from the petitioner, fell in arrears. Petitioner apprehends coercive proceedings being initiated against him. He expresses his willingness to repay the amount in reasonable instalments, and has hence approached this Court.

2. The learned Standing Counsel appearing on behalf of respondents submitted that the total liability due from the petitioner is Rs.60,85,629/- as on 30.05.2026 and that respondents are willing to accept repayment in instalments.

3. Having regard to the above submissions, I am satisfied that this writ petition can be disposed of with a direction.

Accordingly, there will be a direction to the respondents to accept repayment of the entire amount of Rs.60,85,629/- along with interest and costs due from the petitioner in 20 equated monthly instalments, the first of which shall commence on 19.06.2026, with the remaining instalments payable on the 19^th of every succeeding month. As long as the petitioner continues to pay the instalments, as directed above, the revenue recovery proceedings shall be kept in abeyance. Needless to mention, if in case the petitioner defaults payment of any single instalment, the respondents will be at liberty to proceed with the revenue recovery proceedings.

The writ petition is disposed of as above.