Kerala High Court
Shiyad Salam vs Decent Junction Service Co-Operative ... on 5 April, 2024
Author: Devan Ramachandran
Bench: Devan Ramachandran
IN THE HIGH COURT OF KERALA AT ERNAKULAM
PRESENT
THE HONOURABLE MR. JUSTICE DEVAN RAMACHANDRAN
FRIDAY, THE 5TH DAY OF APRIL 2024 / 16TH CHAITHRA, 1946
WP(C) NO. 3748 OF 2023
PETITIONER:
SHIYAD SALAM, AGED 47 YEARS
S/O ABDUL SALAM, SHIYAD MANZIL, MUGHATHALA P.O.,
KOLLAM DISTRICT, PIN - 691577
BY ADV LATHEESH SEBASTIAN
RESPONDENTS:
1 DECENT JUNCTION SERVICE CO-OPERATIVE BANK
DECENT JUNCTION, KOLLAM DISTRICT, REPRESENTED BY ITS
SECRETARY, PIN - 691577
2 THE SPECIAL SALE OFFICER, CO-OPERATIVE CIRCLE OFFICE,
ASSISTANT REGISTRAR OFFICE, KOLLAM, PIN - 691513
BY ADV PRASAD CHANDRAN
THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON
05.04.2024, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING:
WP(C) NO. 3748 OF 2023
2
JUDGMENT
When this matter was called today, Sri.Prasad Chandran - learned counsel for "Decent Junction Service Co-operative Bank Ltd." ('Society' for short), submitted that, the total outstanding in the loan account of the petitioner, as on 05.04.2024, is Rs.15,23,717/-; and that if he is willing to pay the same in not more than 20 equal monthly installments, his client will not stand in the way of this Court disposing of this writ petition on such terms.
2. Sri.Latheesh Sebastian - learned counsel for the petitioner, fully agreed to the afore and prayed that this writ petition be thus ordered.
3. In the afore circumstances, I allow this writ petition, granting liberty to the petitioner to pay the total outstanding amount in the loan account, namely, Rs.15,23,717/- as on 05.04.2024, along with all applicable charges and interest, in 20 equal monthly installments, commencing from 01.06.2024.
Needless to say, if the petitioner makes default on payment of two installments as ordered above, further action pursuant thereto can be taken forward, without having to obtain further orders from this Court.
Sd/- DEVAN RAMACHANDRAN JUDGE stu WP(C) NO. 3748 OF 2023 3 APPENDIX OF WP(C) 3748/2023 PETITIONER EXHIBITS ExhibitP1 TRUE COPY OF THE SALE NOTICE OF THE 2ND RESPONDENT DATED 19.01.2023 ExhibitP2 TRUE COPY OF THE REPRESENTATION OF THE PETITIONER DATED 23.01.2023