Kerala High Court
Karmali vs Perinad Lekshmi Vilasom Village ... 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. 13071 OF 2024
PETITIONERS:
1 KARMALI, AGED 68 YEARS, W/O SENSILAV THATTUVILA
VADAKKEKARA,ASHTAMUDI,KOLLAM, PIN - 691601
2 SIBI VICTOR, AGED 47 YEARS, W/O VICTOR,
THATTUVILA,VADAKKEKARA,ASHTAMUDI,KOLLAM - 691601
V.I.RAHUL
SHIFA LATHEEF
RESPONDENTS:
1 PERINAD LEKSHMI VILASOM VILLAGE SERVICE
CO OPERATIVE BANK, KANJAVALLY PO, KOLLAM
REPRESENTED BY ITS SECRETARY - 691602
2 THE SECRETARY, PERINAD LEKSHMI VILASOM VILLAGE SERVICE
CO OPERATIVE BANK,KANJAVALLY PO,KOLLAM, PIN - 691602
3 JUNIOR INSPECTOR/ARBITRATOR
CO OPERATIVE ASSISTANT REGISTRAR (GENERAL )
OFFICE,KOLLAM, PIN - 691013
ARJUN RAGHAVAN
T.R.HARIKUMAR(K/000295/1992)
POOJA PANKAJ(K/924/2016)
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. 13071 OF 2024
2
JUDGMENT
When this matter was called today, Sri.Arjun Raghavan - learned Standing Counsel for "Perinad Lekshmi Vilasom Village Service Co-operative Bank" ('Society' for short), submitted that, the total outstanding in two loan accounts of the petitioners, as on 06.04.2024, is Rs.30,55,564/-; and that if they are 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.V.I.Rahul - 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 accounts, namely, Rs.30,55,564/- as on 06.04.2024, along with all applicable charges and interest, in 20 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. 13071 OF 2024 3 APPENDIX OF WP(C) 13071/2024 PETITIONER EXHIBITS Exhibit P1 TRUE COPY OF THE ORDER OF THE ARBITRATOR IN ARC 3936/2023 DATED 18-12-2023 Exhibit P2 TRUE COPY OF THE ORDERS OF THE ARBITRATOR IN ARC 3937/2023 DATED 18-12-2023 Exhibit Notice send by email to the first and second respondents as directed by the Honorable High Court of Kerala in WP (C) 13071/2024