Yahiya J vs The Decent Junction Service ...

Citation : 2024 Latest Caselaw 10622 Ker
Judgement Date : 11 April, 2024

Kerala High Court

Yahiya J vs The Decent Junction Service ... on 11 April, 2024

Author: Devan Ramachandran

Bench: Devan Ramachandran

               IN THE HIGH COURT OF KERALA AT ERNAKULAM
                               PRESENT
          THE HONOURABLE MR. JUSTICE DEVAN RAMACHANDRAN
    THURSDAY, THE 11TH DAY OF APRIL 2024 / 22ND CHAITHRA, 1946
                       WP(C) NO. 14988 OF 2024
PETITIONERS:

    1     YAHIYA J., AGED 49 YEARS
          S/O. JALALUDEEN, CHARUVILA MYLAPURE, UMAYANALLOOR P O,
          THAZHUTHALA, KOLLAM, KERALA, PIN - 691589

    2     SHOBHITHA, AGED 45 YEARS
          W/O, YAHIYA J, CHARUVILA MYLAPURE, UMAYANALLOOR P O,
          THAZHUTHALA, KOLLAM,, PIN - 691589

          B.N.HASKAR
          B.K.GOPALAKRISHNAN



RESPONDENTS:

    1     THE DECENT JUNCTION SERVICE CO-OPERATIVE BANK LTD;
          NO. Q.133, DECENT JUNCTION. P.O., KOLLAM - 691577

    2     THE SPECIAL SALE OFFICER
          CO-OPERATIVE CIRCLE OFFICE, KOLLAM, PIN - 691013

          BY ADV PRASAD CHANDRAN - SC


     THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON
11.04.2024, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING:
 WP(C) NO. 14988 OF 2024
                                  2


                              JUDGMENT

When this matter was called today, Sri.Prasad Chandran - learned Standing Counsel for "Decent Junction Service Co- operative Bank Ltd." ('Society' for short), submitted that, the total outstanding in the loan account of the petitioners, as on 11.04.2024, is Rs.29,97,352/-; and that if they are willing to pay the same in not more than 24 equal monthly installments, his client will not stand in the way of this Court disposing of this writ petition on such terms.

2. Sri.B.N.Haskar - learned counsel for the petitioners, 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 petitioners to pay the total outstanding amount in the loan account, namely, Rs.29,97,352/- as on 11.04.2024, along with all applicable charges and interest, in 24 equal monthly installments, commencing from 01.06.2024.

Needless to say, if the petitioners make 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. 14988 OF 2024 3 APPENDIX OF WP(C) 14988/2024 PETITIONER EXHIBITS Exhibit P1 A TRUE COPY OF THE NOTICE NO. EA 1041/2022 ISSUED BY THE 2ND RESPONDENT DATED 02/03/2024 TO THE PETITIONERS Exhibit P2 A TRUE COPY OF THE NOTICE EA NO 1042/2022 ISSUED BY THE 2ND RESPONDENT DATED 02/03/2024