Govind Kumar vs The Cooperative Societies

Citation : 2022 Latest Caselaw 8226 Raj
Judgement Date : 16 June, 2022

Rajasthan High Court - Jodhpur
Govind Kumar vs The Cooperative Societies on 16 June, 2022
Bench: Rameshwar Vyas Judge)

(1 of 2) [CW-8734/2022] HIGH COURT OF JUDICATURE FOR RAJASTHAN AT JODHPUR S.B. Civil Writ Petition No. 8734/2022 Govind Kumar S/o Shri Shankar Lal, Aged About 39 Years, By Caste Chhipa, Resident Of Purohito Ka Bass, Shanto Ka Bass, Village/post Netra, Tehsil Sumerpur, District Pali (Raj.).

----Petitioner Versus

1. The Cooperative Societies, Through Its Registrar, Nehru Sahkar Bhawan, Bhawani Singh Road, Jaipur.

2. The Managing Director, Pali Urban Cooperative Bank Ltd., Pali (Raj.).

3. The Branch Manager, Pali Urban Cooperative Bank Ltd., Sumerpur, Branch Pali (Raj.).

                                                                   ----Respondents


For Petitioner(s)           :     Mr. Akash Goyal
For Respondent(s)           :



HON'BLE MR. JUSTICE RAMESHWAR VYAS (VACATION JUDGE) Judgment / Order 16/06/2022 Learned counsel for the petitioner submits that the petitioner borrowed Rs. 4 lakhs from the respondent-Bank in the year 2016. On account of financial crisis and COVID reasons, he could not repay whole amount and able to pay only Rs. 3,94,000/- in installments. Now, the property mortgage by him with the bank is going to be auctioned by the bank today itself as the respondent- Bank is demanding more than Rs. 4 lakhs, which is excessive amount. He further submits that the petitioner is ready to settle the amount with the respondent-Bank and is also ready to pay Rs. 2 lakhs today itself.

(Downloaded on 16/06/2022 at 08:06:51 PM)

(2 of 2) [CW-8734/2022] Issue notice. Issue notice of the stay application also, returnable on 13.07.2022.

Meantime and till next date, if petitioner deposits Rs. 2 lakhs with the respondent-Bank as provisional amount today itself, auction of the property in question shall remained stayed.

The petitioner shall file a representation regarding balance outstanding amount before the respondent - bank, which shall be considered in accordance with law.

List the matter on 13.07.2022.

(RAMESHWAR VYAS), VJ 153-mohit/-

(Downloaded on 16/06/2022 at 08:06:51 PM) Powered by TCPDF (www.tcpdf.org)