Kerala High Court

Thirumarady Agricultural ... vs Union Of India on 5 October, 2021

               IN THE HIGH COURT OF KERALA AT ERNAKULAM
                               PRESENT
               THE HONOURABLE MR. JUSTICE SATHISH NINAN
     TUESDAY, THE 5TH DAY OF OCTOBER 2021 / 13TH ASWINA, 1943
                       WP(C) NO. 36439 OF 2016
PETITIONER:

          THE KALLETTUMKARA SERVICE CO-OPERATIVE BANK
          REPRESENTED BY THE PRESIDENT OF THE MANAGING COMMITTEE
          N.K.JOSEPH,KALLETTUMKARA, THRISSUR DISTRICT.

          BY ADV SRI.GEORGE POONTHOTTAM



RESPONDENTS:

1 UNION OF INDIA REPRESENTED BY MINISTRY OF FINANCE,(ECONOMIC AFFAIRS, CENTRAL SECRETARIAT,NEW DELHI.

2 THE RESERVE BANK OF INDIA REPRESENTED BY THE GOVERNOR,BOMBAY.

3 REGIONAL OFFICE RESERVE BANK OF INDIA,KOCHI - 682017

4 THE REGISTRAR OF CO-OPERATIVE SOCIETIES THIRUVANANTHAPURAM-695 001

BY ADV ASSISTANT SOLICITOR GENERAL

BY SPL.GOVT.PLEADER:SRI.BIMAL.K.NATH

THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 05.10.2021, ALONG WITH WP(C).36669/2016, 36788/2016 AND CONNECTED CASES, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: W.P(C).Nos.36439,36669,36788,37246,37286,37378,37403,37408,37576,38198,38425,384

26,38453,38839,38845,38936,38937,39335 of 2016

IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT THE HONOURABLE MR. JUSTICE SATHISH NINAN TUESDAY, THE 5TH DAY OF OCTOBER 2021 / 13TH ASWINA, 1943 WP(C) NO. 36669 OF 2016 PETITIONER:

THE PARAVUR VADAKKEKARA SERVICE CO-OPERATIVE BANKLTD NO.3131 NEENDOOR, VADAKKEKARA P.O., PIN - 683 522,REPRESENTED BY ITS SECRETARY.

BY ADVS.

SRI.M.M.MONAYE SRI.DESI MATTHAI SRI.T.KOSHY

RESPONDENTS:

1 UNION OF INDIA REPRESENTED BY SECRETARY TO MINISTRY OF FINANCE,DEPARTMENT OF REVENUE, NORTH BLOCK, NEW DELHI - 110 001.

2 RESERVE BANK OF INDIA REPRESENTED BY ITS CHIEF GENERAL MANAGERDEPARTMENT OF CURRENCY MANAGEMENT,CENTRAL OFFICE BUILDING, MUMBAI - 400 001.

3 STATE OF KERALA REPRESENTED BY SECRETARY TO GOVERNMENT,DEPARTMENT OF FINANCE, GOVERNMENT SECRETARIAT,THIRUVANANTHAPURAM.

4 REGISTRAR OF CO-OPERATIVE SOCIETIES OFFICE OF THE REGISTRAR OF CO-OPERATIVE SOCIETIES,STATUE, NEAR PRESS CLUB, THRIUVANANTHAPURAM. W.P(C).Nos.36439,36669,36788,37246,37286,37378,37403,37408,37576,38198,38425,384

26,38453,38839,38845,38936,38937,39335 of 2016

5 KERALA STATE CO-OPERATIVE BANK LTD REPRESENTED BY ITS MANAGING DIRECTOR,COBANK TOWERS, PALAYAM, THIRUVANANTHAPURAM,PIN - 695 033.

6 THE ERNAKULAM DISTRICT CO-OPERATIVE BANK LTD REPRESENTED BY ITS GENERAL MANAGER,THRIKKAKKARA, KAKKANAD P.O., KOCHI - 682 030.

BY ADV SRI.JAISHANKAR V.NAIR, CGC BY SPL.GOVT.PLEADER:SRI.BIMAL.K.NATH BY ADV.N.RAGHURAJ

THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 05.10.2021, ALONG WITH WP(C).36439/2016 AND CONNECTED CASES, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: W.P(C).Nos.36439,36669,36788,37246,37286,37378,37403,37408,37576,38198,38425,384

26,38453,38839,38845,38936,38937,39335 of 2016

IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT THE HONOURABLE MR. JUSTICE SATHISH NINAN TUESDAY, THE 5TH DAY OF OCTOBER 2021 / 13TH ASWINA, 1943 WP(C) NO. 36788 OF 2016 PETITIONER:

THE CALICUT CITY SERVICE CO-OP BANK LTD. NOD.2777 ZAMORINS SQUARE BUILDINGLINK ROAD, CALICUT, REPRESENTED BY ITS CHAIRMAN

BY ADVS.

SRI.B.S.SWATHI KUMAR SMT.ANITHA RAVINDRAN SRI.HARISANKAR N UNNI SMT.S.SIKKY

RESPONDENTS:

1 THE REGISTRAR OF CO-OPERATIVE SOCIETIES THIRUVANANTHAPURAM PIN 695 001

2 UNION OF INDIA REPRESENTED MINISTRY OF FINANCE(ECONOMICS AFFAIRS)CENTRAL SECRETARIATNEW DELHI 110 001

3 THE RESERVE BANK OF INDIA BOMBAY, PIN 400 001REPRESENTED BY THE GOVERNOR

4 THE CHIEF GENERAL MANAGER DEPARTMENT OF CURRENCY MANAGEMENTRESERVE BANK OF INDIA,CENTRAL OFFICE4TH FLOOR,AMAR BUILDING, SIR P.M ROAD MUMBAI, PIN 400 001

5 THE KOZHIKODE DISTRICT CO-OPERATIVE BANKLTD NO F 1635 P.B NO 503,CALICUT 673 002REPRESENTED BY THE THE GENERAL MANAGER W.P(C).Nos.36439,36669,36788,37246,37286,37378,37403,37408,37576,38198,38425,384

26,38453,38839,38845,38936,38937,39335 of 2016

BY ADV SRI.P.C.SASIDHARAN, SC, KOZHIKODE DISTRICT CO-

OPERATIVE BANK

BY SR.GOVT.PLEADER:SMT.SHEEJA.C.S

26,38453,38839,38845,38936,38937,39335 of 2016

IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT THE HONOURABLE MR. JUSTICE SATHISH NINAN TUESDAY, THE 5TH DAY OF OCTOBER 2021 / 13TH ASWINA, 1943 WP(C) NO. 37246 OF 2016 PETITIONER:

VAIKOM TALUK CO-OPERATIVE AGRICULTURAL AND RURAL DEVELOPMENT BANK LIMITED NO.951, VAIKOM, KOTTAYAM DISTRICT-696 141,REPRESENTED BY ITS PRESIDENT

BY ADVS.

SRI.P.N.MOHANAN SMT.J.LAKSHMI SRI.C.P.SABARI

RESPONDENTS:

1 UNION OF INDIA REPRESENTED BY MINISTRY OF FINANCE,(ECONOMIC AFFAIRS), GENERAL SECRETARIAT,NEW DELHI-110 001.

2 THE RESERVE BANK OF INDIA REPRESENTED BY THE GOVERNOR, CENTRAL OFFICE BUILDING, SHAHID BHAGAT SINGH ROAD, FORT,MUMBAI, MAHARASTRA-400

001.

3 THE RESERVE BANK OF INDIA REPRESENTED BY THE REGIONAL HEAD, BANERJI ROAD, ERNAKULAM NORTH, KALOOR, ERNAKULAM,KERALA-682 018.

4 THE REGISTRAR OF CO-OPERATIVE SOCEITEIS THIRUVANANTHAPRUAM-695 001.

W.P(C).Nos.36439,36669,36788,37246,37286,37378,37403,37408,37576,38198,38425,384

26,38453,38839,38845,38936,38937,39335 of 2016

BY ADV ASSISTANT SOLICITOR GENERAL

BY SR.GOVT.PLEADER:SMT.SHEEJA.C.S

26,38453,38839,38845,38936,38937,39335 of 2016

IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT THE HONOURABLE MR. JUSTICE SATHISH NINAN TUESDAY, THE 5TH DAY OF OCTOBER 2021 / 13TH ASWINA, 1943 WP(C) NO. 37286 OF 2016 PETITIONERS:

     1       K.N.VIJAYAKUMAR
             AGED 46 YEARS

PRESIDENT, OLLOOR MEKHALA THOZHILALI CO-OPEATIVE SOCIETY LTD., NADATHARA P.O.- 680 751 THRISSUR DIST, KERALA

2 JOSE PALO0CAREN PRESIDENT, MANNUTHY TOWN CO-OPERATIVE SOCIEYT LTD NO.R.1143, MANUTHY P.O.- 680 651 THRISSUR DIST, KERALA

3 ANIL POTTEKKATT PRESIDENT, OLLOOKKARA REGIONAL KERA KARSHAKA CO- OPERATIVE SOCIETY LTD NO.R.1203, KOZHUKULLI P.O.-680 752, THRISSUR DIST, KERALA

4 P.A SEKHARAN PRESIDENT, HE KAIPARAMBUY PANCHAYAT MULTIPURPOSE CO- OPERATIVE SOCIETY LTD, NO,.R.1124, KAIPARAMBU P.O.-680 546, THRISSUR DIST, KERALA

BY ADV SRI.GEORGE POONTHOTTAM

RESPONDENTS:

1 UNION OF INDIA REP. BY MINISRY OF FINANCE, (ECONOMIC AFFAIRS) CENTRAL SECXRETARIAT, NEW DELHI- 110 003 W.P(C).Nos.36439,36669,36788,37246,37286,37378,37403,37408,37576,38198,38425,384

26,38453,38839,38845,38936,38937,39335 of 2016

2 THE RESERVE BANK OF INDIA REP. BY THE GOVERNOR, BOMBAY- 400 022

3 REGIONAL OFFICE RESERVE BANK OF INDIA, KOCHI- 682 017

4 THE EGISTRAR OF CO-OPERATIVE SOCIETIES THIRUVANANTHAPRUAM- 695 001

BY ADV SMT.C.G.PREETHA, CGC

BY SR.GOVT.PLEADER:SMT.SHEEJA.C.S

26,38453,38839,38845,38936,38937,39335 of 2016

IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT THE HONOURABLE MR. JUSTICE SATHISH NINAN TUESDAY, THE 5TH DAY OF OCTOBER 2021 / 13TH ASWINA, 1943 WP(C) NO. 37378 OF 2016 PETITIONER:

POLPULLY SERVICE CO-OPERATIVE BANK LTD. POLPULLY,PALAKKAD DISTRICT,REPRESENTED BY ITS PRESIDENT.

BY ADVS.

SRI.V.M.KURIAN SRI.MATHEW B. KURIAN SRI.K.T.THOMAS

RESPONDENTS:

1 UNION OF INDIA REPRESENTED BY SECRETARY TO GOVERNMENT,MINISTRY OF FINANCE (ECONOMIC AFFAIRS),CENTRAL SECRETARIAT,NEW DELHI-110001.

2 THE RESERVE BANK OF INDIA CENTRAL OFFICE BUILDING,SHAHID BHAGAT SINGH ROAD,FORT MUMBAI,MUMBAI-400001,REPRESENTED BY ITS GOVERNOR.

3 THE CHIEF GENERAL MANAGER DEPARTMENT OF CURRENCY MANAGEMENT,RESERVE BANK OF INDIA,CENTRAL OFFICE,4TH FLOOR,AMAR BUILDING,SIR P.M.ROAD,MUMBAI-400 001.

4 THE REGISTRAR OF CO-OPERATIVE SOCIETIES THIRUVANANTHAPURAM-695001.

5 PALAKKAD DISTRICT CO-OPERATIVE BANK LTD SULTANPETTA,PALAKKAD-678001,REPRESENTED BY ITS GENERAL MANAGER.

W.P(C).Nos.36439,36669,36788,37246,37286,37378,37403,37408,37576,38198,38425,384

26,38453,38839,38845,38936,38937,39335 of 2016

BY ADVS.

SRI.GIRISH KUMAR.V., CGC SRI.M.SASINDRAN, SC, PALAKKAD DIST.CO.OP.BANK SRI.K.RAMAKUMAR SR.

BY SR.GOVT.PLEADER:SMT.SHEEJA.C.S

26,38453,38839,38845,38936,38937,39335 of 2016

IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT THE HONOURABLE MR. JUSTICE SATHISH NINAN TUESDAY, THE 5TH DAY OF OCTOBER 2021 / 13TH ASWINA, 1943 WP(C) NO. 37403 OF 2016 PETITIONER:

THE KANJOOR SERVICE CO-OPERATIVE BANK LIMITED KANJOOR P.O., PIN-683575, REPRESENTED BY ITS SECRETARY.

BY ADVS.

SRI.M.M.MONAYE SRI.T.KOSHY

RESPONDENTS:

1 UNION OF INDIA SECRETARY TO MINISTRY OF FINANCE DEPARTMENT OF REVENUE, NORTH BLOCK, NEW DELHI, PIN-110001.

2 RESERVE BANK OF INDIA REPRESENTED BY ITS CHIEF GENERAL MANAGER DEPARTMENT OF CURRENCY MANAGEMENT CENTRAL OFFICE BUILDING, MUMBAI- 400001.

3 STATE OF KERALA REPRESENTED BY SECRETARY TO GOVERNMENT DEPARTMENT OF FINANCE, GOVERNMENT SECRETARIAT THIRUVANANTHAPURAM- 695001.

4 REGISTRAR OF CO-OPERATIVE SOCIETIES OFFICE OF THE REGISTRAR OF CO-OPERATIVE SOCIETIES STATUE, NEAR PRESS CLUB, THIRUVANANTHAPURAM-695001.

5 KERALA STATE CO-OPERATIVE BANK LTD.

REPRESENTED BY ITS MANAGING DIRECTOR COBANK TOWERS, PALAYAM, THIRUVANANTHAPURAM-605033. W.P(C).Nos.36439,36669,36788,37246,37286,37378,37403,37408,37576,38198,38425,384

26,38453,38839,38845,38936,38937,39335 of 2016

6 THE ERNAKULAM DISTRICT CO-OPERATIVE BANK LTD.

REPRESENTED BY ITS GENERAL MANAGER THRIKKAKKARA, KAKKANAD P.O., KOCHI-682030.

7 THE REGIONAL DIRECTOR RESERVE BANK OF INDIA, BAKERY JUNCTION P.B.NO.6507, THIRUVANANTHAPURAM-695033.

BY ADVS.

SRI.S.BIJU, CGC SRI.GEORGE POONTHOTTAM, SC, KERALA STATE CO.OP BANK LTD.

BY SPL.GOVT.PLEADER:SRI.BIMAL.K.NATH

BY ADV.N.RAGHURAJ

26,38453,38839,38845,38936,38937,39335 of 2016

IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT THE HONOURABLE MR. JUSTICE SATHISH NINAN TUESDAY, THE 5TH DAY OF OCTOBER 2021 / 13TH ASWINA, 1943 WP(C) NO. 37408 OF 2016 PETITIONER:

KOPPAM SERVICE CO-OPERATIVE BANK LTD. 1205, P.O.PULASSERI, PALAKKAD DISTRICT, PIN 679 307. REP.BY ITS SECRETARY.

BY ADVS.

SRI.V.M.KURIAN SRI.MATHEW B. KURIAN SRI.K.T.THOMAS

RESPONDENTS:

1 UNION OF INDIA REPRESENTED BY SECRETARY TO GOVERNMENT, MINISTRY OF FINANCE (ECONOMIC AFFAIRS ), CENTRAL SECRETARIAT, NEW DELHI 110 001.

2 THE RESERVE BANK OF INDIA CENTRAL OFFICE BUILDING, SHAHID BHAGAT SINGH ROAD, FORT MUMBAI, MUMBAI 400 001, REPRESENTED BY ITS GOVERNOR.

3 THE CHIEF GENERAL MANAGER DEPARTMENT OF CURRENCY MANAGEMENT, RESRVE BANK OF INDIA, CENTRAL OFFICE, 4TH FLOOR, AMAR BUILDING, SRI.P.M.ROAD, MUMBAI 400 001.

4 THE REGISTRAR OF CO-OPERATIVE SOCIETIES THIRUVANANTHAPURAM 695 001.

5 PALAKKAD DISTRICT CO-OPERATIVE BANK LTD SUTANPETTA, PALAKKAD 678 001, REP. BY ITS GENERAL MANAGER W.P(C).Nos.36439,36669,36788,37246,37286,37378,37403,37408,37576,38198,38425,384

26,38453,38839,38845,38936,38937,39335 of 2016

BY ADVS.

SRI.DINESH R.SHENOY, CGC SRI.M.SASINDRAN, SC, PALAKKAD DIST.CO.OP.BANK

BY SR.GOVT.PLEADER:SMT.SHEEJA.C.S

26,38453,38839,38845,38936,38937,39335 of 2016

IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT THE HONOURABLE MR. JUSTICE SATHISH NINAN TUESDAY, THE 5TH DAY OF OCTOBER 2021 / 13TH ASWINA, 1943 WP(C) NO. 37576 OF 2016 PETITIONERS:

1 THIRUMARADY AGRICULTURAL IMPROVEMENT CO-OPERATIVE SOCIETY LTD NO.E 1195 REP. BY ITS PRESIDENT, KOOTHATTUKULAM P.O ERNAKULAM DIST- 686 662

2 THURUTHIKKARA AGRICULTURAL IMPROVEMENT CO-OPERATIVE SOCIETY LTD NO.E 1202 REP. BY ITS HONORARY SECRETARY, MULANTHURUTHY P.O, ERNAKULAM DIST- 682 314

3 THIRUVANKULAM AGRICULTURAL IMPROVMENT CO-OPERATIVE SOCIETY LTD NO.E 1219 REP. BY ITS HONORARY SECRETARY, KARINGACHIRA, IRUMPANAM P.O. ERNAKULAM DIST- 682 309

4 PIRAVOM AGRICULTURAL IMPROVEMENT CO-OPERATIVE SOCIETY LT NO.E 1211 REP. BY ITS PRESIDENT, PIRAVOM P.O. ERNAKULAM DIST- 686

BY ADVS.

SRI.V.G.ARUN SRI.T.R.HARIKUMAR SRI.JAIBY PAUL SRI.JIBU P THOMAS

RESPONDENTS:

1 UNION OF INDIA REP.BY THE SECRETARY MINISTRY OF FINANCE (ECONOMIC AFFAIRS) CABINET SECRETARIAT, RAISINA HILL, NEW DELHI- 110 001 W.P(C).Nos.36439,36669,36788,37246,37286,37378,37403,37408,37576,38198,38425,384

26,38453,38839,38845,38936,38937,39335 of 2016

2 THE RESERVE BANK OF INDIA REP.BY THE GOVERNOR, CENTRAL OFICE BUILDING, SHAHIDBHAGAT SINGH ROAD, FOR,MUMBAI, MAHARASHTRA - 400

3 THE CHIEF GENERAL MANAGERDEPT. OF CURRENCY MANAGMENT RESERVE BANK OF INIDA, CENTRAL OFFICE,4TH FLOOR, AMAR BUILDING, SIR P.M.ROAD, MUMBAI, MAHARASHTRA- 400 001

4 STATE OF KERALA REP. BY THE SECRETARY TO GOVERNMENT CO-OPERATION (C) DEPARTMENT, GOVERNMET SECRETARIAT, THIRUVANANTHAPURAM- 695 001

5 THE REGISTRAR OF CO-OPERATIVE SOCIETIES THIRUVANANTHAPRUAM - 695 001

6 THE ERNAKULAM DISTRICT CO-OPERATIVE BANK LTD REP. BY ITS GENERAL MANAGER HEAD OFFICE, KAKKANADU P.O ERNAKULAM - 682 030

BY ADV ASSISTANT SOLICITOR GENERAL

BY SR.GOVT.PLEADER:SMT.SHEEJA.C.S

BY ADV.N.RAGHURAJ

26,38453,38839,38845,38936,38937,39335 of 2016

IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT THE HONOURABLE MR. JUSTICE SATHISH NINAN TUESDAY, THE 5TH DAY OF OCTOBER 2021 / 13TH ASWINA, 1943 WP(C) NO. 38198 OF 2016 PETITIONERS:

     1       K.RAMANUNNI
             AGED 73 YEARS

AGED 73 YEARS, SON OF ITTIKOTHA, KOTTAYIL HOUSE, P.O. VILAYUR, PALAKKAD - 679 309.

2 K.VINODKUMAR AGED 53 YEARS, SON OF SREEDHARAN EZHUTHACHAN, KURUVANTHODIYIL HOUSE, P.O.KIZHUMURI, PALAKKAD - 679

307.

BY ADV SRI.RAJESH VIJAYENDRAN

RESPONDENTS:

1 UNION OF INDIA REPRESENTED BY SECRETARY TO GOVERNMENT, MINISTRY OF FINANCE (ECONOMIC AFFAIRS), CENTRAL SECRETARIAT, NEW DELHI-110 001.

2 THE RESERVE BANK OF INDIA CENTRAL OFFICE BUILDING, SHAHID BHAGAT SINGH ROAD, FORT MUMBAI, MUMBAI -400 001, REPRESENTED BY ITS GOVERNOR.

3 THE CHIEF GENERAL MANAGER DEPARTMENT OF CURRENCY MANAGEMENT, RESERVE BANK OF INDIA, CENTRAL OFFICE, 4TH FLOOR, AMAR BUILDING, SIR P.M.ROAD, MUMBAI -400 001.

W.P(C).Nos.36439,36669,36788,37246,37286,37378,37403,37408,37576,38198,38425,384

26,38453,38839,38845,38936,38937,39335 of 2016

4 THE REGISTRAR OF CO-OPERATIVE SOCIETIES THIRUVANANTHAPURAM -695 001.

5 PALAKKAD DISTRICT CO-OPERATIVE BANK LTD.

SULTANPETTA, PALAKKAD -678 001, REP. BY ITS GENERAL MANAGER.

6 KOPPAM SERVICE CO-OPERATIVE BANK LTD. NO.F 1205 P.O.PULASSERI, PALAKKAD DISTRICT, PIN-679 307, RPE.BY ITS SECRETARY.

BY ADVS.

ASSISTANT SOLICITOR GENERAL SRI.M.SASINDRAN, SC, PALAKKAD DIST.CO.OP.BANK

BY SR.GOVT.PLEADER:SMT.SHEEJA.C.S

26,38453,38839,38845,38936,38937,39335 of 2016

IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT THE HONOURABLE MR. JUSTICE SATHISH NINAN TUESDAY, THE 5TH DAY OF OCTOBER 2021 / 13TH ASWINA, 1943 WP(C) NO. 38425 OF 2016 PETITIONER:

PANMANA SERVICE CO-OPERATIVE BANK LTD. NO.3035 REPRESENTED BY ITS PRESIDENT, KOLLAKA P.O.,KARUNAGAPPALLY, KOLLAM DISTRICT.

BY ADVS.

SRI.ARJUN RAGHAVAN SRI.ADITHYA RAJEEV

RESPONDENTS:

1 UNION OF INDIA REPRESENTED BY THE SECRETARY,MINISTRY OF FINANCE (ECONOMIC AFFAIRS),CABINET SECRETARIAT, RAISINA HILL, NEW DELHI - 110 001.

2 THE RESERVE BANK OF INDIA REPRESENTED BY THE GOVERNOR,CENTRAL OFFICE BUILDING, SHAHID BHAGAT SINGH ROAD,FORT, MUMBAI, MAHARASHTRA - 400 001.

3 THE CHIEF GENERAL MANAGER DEPARTMENT OF CURRENCY MANAGEMENT,RESERVE BANK OF INDIA, CENTRAL OFFICE, 4TH FLOOR,AMAR BUILDING, SIR P.M. ROAD, MUMBAI,MAHARASHTRA-400 001.

4 STATE OF KERALA REPRESENTED BY THE SECRETARY TO GOVERNMENT,CO-OPERATION (C) DEPARTMENT, GOVERNMENT SECRETARIAT, THIRUVANANTHAPURAM-695 001.

W.P(C).Nos.36439,36669,36788,37246,37286,37378,37403,37408,37576,38198,38425,384

26,38453,38839,38845,38936,38937,39335 of 2016

5 THE REGISTRAR OF CO-OPERATIVE SOCIETIES THIRUVANANTHAPURAM-695 001.

6 THE KOLLAM DISTRICT CO-OPERATIVE BANK LTD.

REPRESENTED BY ITS GENERAL MANAGER,HEAD OFFICE, CHINNAKKADA, KOLLAM - 691 001.

BY ADV ASSISTANT SOLICITOR GENERAL

BY SPL.GOVT.PLEADER:SRI.BIMAL.K.NATH

26,38453,38839,38845,38936,38937,39335 of 2016

IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT THE HONOURABLE MR. JUSTICE SATHISH NINAN TUESDAY, THE 5TH DAY OF OCTOBER 2021 / 13TH ASWINA, 1943 WP(C) NO. 38426 OF 2016 PETITIONER:

CHAVARA SERVICE CO-OPERATIVE BANK LTD.NO.Q 147. REPRESENTED BY ITS PRESIDENT, PUTHENCHANTHA P.O.,PANMANA, CHAVARA, KOLLAM DISTRICT.

BY ADVS.

SRI.ARJUN RAGHAVAN SRI.ADITHYA RAJEEV

RESPONDENTS:

1 UNION OF INDIA REPRESENTED BY THE SECRETARY, MINISTRY OF FINANCE (ECONOMIC AFFAIRS),CABINET SECRETARIAT, RAISINA HILL, NEW DELHI - 110 001.

2 THE RESERVE BANK OF INDIA REPRESENTED BY THE GOVERNOR,CENTRAL OFFICE BUILDING, SHAHIDA BHAGAT SINGH ROAD,FORT, MUMBAI, MAHARASHTRA-400

001.

3 THE CHIEF GENERAL MANAGER DEPARTMENT OF CURRENCY MANAGEMENT,RESERVE BANK OF INDIA, CENTRAL OFFICE, 4TH FLOOR,AMAR BUILDING, SIR P.M.ROAD, MUMBAI,MAHARASHTRA-400 001.

4 STATE OF KERALA REPRESENTED BY THE SECRETARY TO GOVERNMENT,CO-OPERATION (C) DEPARTMENT, GOVERNMENT SECRETARIAT,THIRUVANANTHAPURAM-695 001. W.P(C).Nos.36439,36669,36788,37246,37286,37378,37403,37408,37576,38198,38425,384

26,38453,38839,38845,38936,38937,39335 of 2016

5 THE REGISTRAR OF CO-OPERATIVE SOCIETIES THIRUVANANTHAPURAM-695 001.

6 THE KOLLAM DISTRICT CO-OPERATIVE BANK LTD.

REPRESENTED BY ITS GENERAL MANAGER,HEAD OFFICE, CHINNAKKADA, KOLLAM - 691 001.

BY ADV ASSISTANT SOLICITOR GENERAL

BY SR.GOVT.PLEADER:SMT.SHEEJA.C.S

26,38453,38839,38845,38936,38937,39335 of 2016

IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT THE HONOURABLE MR. JUSTICE SATHISH NINAN TUESDAY, THE 5TH DAY OF OCTOBER 2021 / 13TH ASWINA, 1943 WP(C) NO. 38453 OF 2016 PETITIONER:

JOHNY T.A AGED 46 YEARS S/O.ALEXANDER, AGED 46 YEARS, RESIDING AT THAIKOOTATHIL HOUSE, KORAMPADAM, KOTHAD P.O., PIN-682027.

BY ADVS.

SRI.M.M.MONAYE SRI.T.KOSHY

RESPONDENTS:

1 UNION OF INDIA REPRESENTED BY SECRETARY, FINANCE, GOVERNMENT OF INDIA, MINISTRY OF FINANCE, NEW DELHI, PIN-110001.

2 RESERVE BANK OF INDIA REPRESENTED BY ITS CHIEF GENERAL MANAGER, DEPARTMENT OF CURRENCY MANAGEMENT, CENTRAL OFFICE BUILDING, MUMBAI- 400001.

3 KORAMPADAM SERVICE CO-OPERATIVE BANK LTD.NO.178 KORAMPADAM, PIN-682027, REPRESENTED BY ITS SECRETARY.

4 ERNAKULAM DISTRICT CO-OPERATIVE BANK LTD.

HEAD OFFICE, KAKKANAD, PIN-682030, REPRESENTED BY ITS GENERAL MANAGER.

5 STATE OF KERALA REPRESENTED BY SECRETARY TO GOVERNMENT, DEPARTMENT OF FINANCE, GOVERNMENT SECRETARIAT, THIRUVANANTHAPURAM- 695001.

W.P(C).Nos.36439,36669,36788,37246,37286,37378,37403,37408,37576,38198,38425,384

26,38453,38839,38845,38936,38937,39335 of 2016

6 REGISTRAR OF CO-OPERATIVE SOCIETIES OFFICE OF THE REGISTRAR OF CO-OPERATIVE SOCIETIES,STATUE, NEAR PRESS CLUB, THIRUVANANTHAPURAM- 695001.

7 THE REGIONAL DIRECTOR RESERVE BANK OF INDIA, BAKERY JUNCTION, THIRUVANANTHAPURAM-695033.

BY ADVS.

ASSISTANT SOLICITOR GENERAL SRI.DESI MATTHAI

BY SPL.GOVT.PLEADER:SRI.BIMAL.K.NATH

26,38453,38839,38845,38936,38937,39335 of 2016

IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT THE HONOURABLE MR. JUSTICE SATHISH NINAN TUESDAY, THE 5TH DAY OF OCTOBER 2021 / 13TH ASWINA, 1943 WP(C) NO. 38839 OF 2016 PETITIONER:

CHIRAKKAL SERVICE CO-OPERATIVE BANK LTD P.O CHIRAKKAL, KANNUR 670 011, REPRESENTED BY ITS SECRETARY MR. CHANDRAN.P.

BY ADVS.

DR.K.P.PRADEEP SRI.T.T.BIJU SRI.I.V.PRAMOD SRI.SANAND RAMAKRISHNAN SMT.T.THASMI

RESPONDENTS:

1 UNION OF INDIA REPRESENTED BY ITS SECRETARY, MINISTRY OF FINANCE, DEPARTMENT OF ECONOMIC AFFIARS, SOUTH BLOCK, NEW DELHI 110 001.

2 RESERVE BANK OF INDIA CENTRAL OFFICE BUILDING, 18TH FLOOR, SHAHID BBHAGAT SINGH ROAD, MUMBAI 400 001, REPRESENTED BY ITS GOVERNNOR.

3 GENERAL MANAGER RESERVE BANK OF INDIA, REGIONAL OFFICE, ERNAKULAM NORTH, KOCHI 682 018.

4 KANNUR DISTRICT CO-OPERATIVE BANK HEAD OFFICE, KANNUR 670 001, REPRESENTED BY ITS GENERAL MANAGER.

W.P(C).Nos.36439,36669,36788,37246,37286,37378,37403,37408,37576,38198,38425,384

26,38453,38839,38845,38936,38937,39335 of 2016

5 THE KERALA STATE CO-OPERATIVE BANK LTD PB NO 6515, COBANK TOWERS, PALAYAM, THIRUVANANTHAPURAM 695 033, REPRESENTED BY ITS MANAGING DIRECTOR.

6 THE STATE OF KERALA REPRESENTED BY ITS SECRETARY (CO-OPERATION), GOVERNMENT SECRETARIAT, THIRUVANANTHAPURAM 695 001.

7 REGISTRAR OF CO-OPERATIVES DEPARTMENT OF CO-OPERATION, NEAR PRESS CLUB STATUE, THIRUVANANTHAPURAM 695 001.

8 JOINT REGISTRAR OF CO-OPERATIVES GENERAL DEPARTMENT OF CO-OPERATION, GOVERNMENT OF KERALA, JR OFFICE, CIVIL STATION, KANNUR 670 002.

BY SPL.GOVT.PLEADER:SRI.BIMAL.K.NATH

26,38453,38839,38845,38936,38937,39335 of 2016

IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT THE HONOURABLE MR. JUSTICE SATHISH NINAN TUESDAY, THE 5TH DAY OF OCTOBER 2021 / 13TH ASWINA, 1943 WP(C) NO. 38845 OF 2016 PETITIONERS:

THE PAPPINISSERI CO-OPERATIVE RURAL BANK LTD;

1. NO.F.1321, MANGAD WEST KANNUR UNIVERSITY.P.O, KANNUR DISTRICT, KERALA, PIN 670562, REPRESENTED BY ITS SECRETARY, PAPPINISSERI CO-OPERAIVE RURAL BANK LTD, NO.F.1321, MANGAD WEST KANNUR UNIVERSITY.P.O, KANNUR

MULLAKKODI CO-OPERAIVE RURAL BANK LTD; NO.F.1230, 2 KOLACHERY, MULLAKODI P.O, KANNUR.670 601, REPRESENTED BY ITS SECRETARY, MULLAKKODI CO-OPERAIVE RURAL BANK LTD, NO.F.1230, KOLACHERY, KANNUR.

MAYYIL SERVICE CO-OPERAIVE BANK LTD.NO.C.343,

MAYYIL.P.O, KANNUR - 670602, REPRESENTED BY ITS SECRETARY, MAYYIL SERVICE CO OPERATIVE BANK LTD.NO.C.343, MAYYIL.P.O., KANNUR

THE AZHIKODE SERVICE CO OPERATIVE BANK LTD.NO.F.1149 P.O. AZHIKODE, KANNUR 670009, REPRESENTED BY ITS 4 SECRETARY, THE AZHIKODE SERVICE CO OPERATIVE BANK LTD.NO.F.1149 P.O. AZHIKODE, KANNUR

THE CHOVVA CO OPERATIVE RURAL BANK LTD,NO.F.1277, 5 CHOVVA.P.O., KANNUR 670006, REPRESENTED BY ITS SECRETARY, CHOVVA CO OPERATIVE RURAL BANK LTD; NO.F.1277, CHOVVA.P.O., KANNUR

BY ADVS.

SRI.THAMPAN THOMAS SMT.HENA BAHULEYAN SRI.B.V.JOY SANKER W.P(C).Nos.36439,36669,36788,37246,37286,37378,37403,37408,37576,38198,38425,384

26,38453,38839,38845,38936,38937,39335 of 2016

RESPONDENTS:

1 UNION OF INDIA, REPRESENTED BY MINISTRY OF FINANCE, (ECONOMIC AFFAIRS) CENTRAL SECRETARIAT, NEW DELHI 110

2 THE RESERVE BANK OF INDIA REPRESENTED BY THE GOVERNOR, CENTRAL OFFICE BUILDING, SHAHID BHAGAT SINGH ROAD, FORT, MUMBAI, MAHARASHTRA. 400001

3 CHIEF GENERAL MANAGER, RBI DEPARTMENT OF CURRENCY MANAGEMENT, CENTRAL OFFICE BUILDING, SHAHID BHAGAT SINGH ROAD, FORT, MUMBAI, MAHARASHTRA. 400001

4 REGIONAL OFFICER, RESERVE BANK OF INDIA, ERNAKULAM NORTH, KOCHI 682018

THE REGISTRAR OF CO-OPERAIVE SOCEITEIS, STATUE, 5 THIRUVANANTHAPRUAM - 695001

6 THE STATE CO OPERATIVE BANK, COBANK TOWERS, PALAYAM, THIRUVANANTHAPRUAM.695033 REPRESENTED BY ITS MANAGING DIRECTOR

7 THE DISTRICT CO OPERATIVE BANK LTD, NO 35, KANNUR, 670001 REPRESENTED BY ITS GENERAL MANAGER.

BY ADVS.

ASSISTANT SOLICITOR GENERAL SRI.M.SASEENDRANSCKANNUR UNIVERSITY

BY SPL.GOVT.PLEADER:SRI.BIMAL.K.NATH

26,38453,38839,38845,38936,38937,39335 of 2016

IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT THE HONOURABLE MR. JUSTICE SATHISH NINAN TUESDAY, THE 5TH DAY OF OCTOBER 2021 / 13TH ASWINA, 1943 WP(C) NO. 38936 OF 2016 PETITIONER:

CHERUTHAZHAM SERVICE CO-OPERATIVE BANK LTD. NO.F-747, HEAD OFFICE, PILATHARA, KANNUR-670501, REPRESENTED BY ITS SECRETARY MR. DAMODARAN K.

BY ADVS.

DR.K.P.PRADEEP SRI.T.T.BIJU SRI.K.P.KESAVAN NAIR SRI.I.V.PRAMOD SRI.SANAND RAMAKRISHNAN SMT.T.THASMI

RESPONDENTS:

1 UNION OF INDIA REPRESENTED BY ITS SECRETARY, MINISTRY OF FINANCE, DEPARTMENT OF ECONOMIC AFFAIRS, SOUTH BLOCK, NEW DELHI- 110001.

2 RESERVE BANK OF INDIA CENTRAL OFFICE BUILDING, 18TH FLOOR, SHAHID BHAGAT SINGH ROAD,MUMBAI-400001, REPRESENTED BY ITS CONVENOR.

3 GENERAL MANAGER RESERVE BANK OF INDIA, REGIONAL OFFICE, ERNAKULAM NORTH, KOCHI-682018.

4 KANNUR DISTRICT CO-OPERATIVE BANK HEAD OFFICE, KANNUR-670001, REPRESENTED BY ITS GENERAL MANAGER.

W.P(C).Nos.36439,36669,36788,37246,37286,37378,37403,37408,37576,38198,38425,384

26,38453,38839,38845,38936,38937,39335 of 2016

5 THE KERALA STATE CO-OPERATIVE BANK LTD.

PB NO.6515, COBANK TOWERS, PALAYAM, THIRUVANANTHAPURAM- 695033,REPRESENTED BY ITS MANAGING DIRECTOR.

6 THE STATE OF KERALA REPRESENTED BY ITS SECRETARY (CO-OPERATION), GOVERNMENT SECRETARIAT, THIRUVANANTHAPURAM-695001.

7 REGISTRAR OF CO-OPERATIVES DEPARTMENT OF CO-OPERATION, NEAR PRESS CLUB STATUE,THIRUVANANTHAPURAM-695001.

8 JOINT REGISTRAR OF CO-OPERATIVES (GENERAL) DEPARTMENT OF CO-OPERATION, GOVERNMENT OF KERALA,JR OFFICE, CIVIL STATION, KANNUR-670002.

BY ADV ASSISTANT SOLICITOR GENERAL

BY SR.GOVT.PLEADER:SMT.SHEEJA.C.S

26,38453,38839,38845,38936,38937,39335 of 2016

IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT THE HONOURABLE MR. JUSTICE SATHISH NINAN TUESDAY, THE 5TH DAY OF OCTOBER 2021 / 13TH ASWINA, 1943 WP(C) NO. 38937 OF 2016 PETITIONER:

ANJARAKANDY FARMERS' SERVICE CO-OPERATIVE BANK LTD. NO.1141, P.O.MAMBA, KANNUR-670611, REPRESENTED BY ITS MANAGING DIRECTOR ANILKUMAR M.P.

BY ADVS.

DR.K.P.PRADEEP SRI.T.T.BIJU SRI.K.P.KESAVAN NAIR SRI.I.V.PRAMOD SRI.SANAND RAMAKRISHNAN SMT.T.THASMI

RESPONDENTS:

1 UNION OF INDIA REPRESENTED BY ITS SECRETARY, MINISTRY OF FINANCE,DEPARTMENT OF ECONOMIC AFFAIRS, SOUTH BLOCK,NEW DELHI-110001.

2 RESERVE BANK OF INDIA CENTRAL OFFICE BUILDING, 18TH FLOOR, SHAHID BHAGAT SINGH ROAD,MUMBAI-400001, REPRESENTED BY ITS CONVENOR.

3 GENERAL MANAGER RESERVE BANK OF INDIA, REGIONAL OFFICE, ERNAKULAM NORTH,KOCHI-682018.

4 KANNUR DISTRICT CO-OPERATIVE BANK HEAD OFFICE, KANNUR-670001,REPRESENTED BY ITS GENERAL MANAGER.

W.P(C).Nos.36439,36669,36788,37246,37286,37378,37403,37408,37576,38198,38425,384

26,38453,38839,38845,38936,38937,39335 of 2016

5 THE KERALA STATE CO-OPERATIVE BANK LTD.

PB NO.6515, COBANK TOWERS, PALAYAM, THIRUVANANTHAPURAM- 695033,REPRESENTED BY ITS MANAGING DIRECTOR.

6 THE STATE OF KERALA REPRESENTED BY ITS SECRETARY (CO-OPERATION),GOVERNMENT SECRETARIAT, THIRUVANANTHAPURAM-695001.

7 REGISTRAR OF CO-OPERATIVES DEPARTMENT OF CO-OPERATION, NEAR PRESS CLUB STATUE,THIRUVANANTHAPURAM-695001.

8 JOINT REGISTRAR OF CO-OPERATIVES (GENERAL) DEPARTMENT OF CO-OPERATION, GOVERNMENT OF KERALA,JR OFFICE, CIVIL STATION, KANNUR-670002.

BY ADVS.

ASSISTANT SOLICITOR GENERAL SRI.M.SASINDRAN, SC, KANNUR DISTRICT CO.OP. BANK

BY SPL.GOVT.PLEADER:SRI.BIMAL.K.NATH

26,38453,38839,38845,38936,38937,39335 of 2016

IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT THE HONOURABLE MR. JUSTICE SATHISH NINAN TUESDAY, THE 5TH DAY OF OCTOBER 2021 / 13TH ASWINA, 1943 WP(C) NO. 39335 OF 2016 PETITIONERS:

1 KODIYERI SERVICE CO-OPERATIVE BANK LTD, NO.F.1451, REPRESENTED BY SECRETARY, PARAL P.O., KANNUR - 670 671

THE PINARAYI SERVICE CO-OPERAIVE BANK LTD, NO.6970, 2 REPRESENTED BY SECRETARY, P.O.PINARAYI, TELLICHERRY, KANNUR - 670 741

PUNNOL SERVICE CO-OPERAIVE BANK LTD, NO.F.972, 3 REPRESENTED BY SECRETARY, P.O.KURICHIYIL, KANNUR - 670

THE DHARMADAM SERVICE CO-OPERAIVE BANK LTD.NO.1379, 4 REPRESENTED BY SECRETARY,.P.O.PALAYAD, THALASSERY, KANNUR - 670 661

PONNIYAM SERVICE CO-OPERAIVE BANK LTD.NO.F.1438, 5 REPRESENTED BY SECRETARY, PONNIAM, THALASSERY, KANNUR -

670 641

BY ADV SRI.P.N.MOHANAN

RESPONDENTS:

UNION OF INDIA, REPRESENTED BY MINISTRY OF FINANCE, 1 (ECONOMIC AFFAIRS), GENERAL SECRETARIAT, NEW DELHI -

110 001

THE RESERVE BANK OF INDIA, REPRESENTED BY THE GOVERNOR, 2 CENTRAL OFFICE BUILDING, SHAHID BHAGAT SINGH ROAD, FORT, MUMBAI, MAHARASHTRA 400001 W.P(C).Nos.36439,36669,36788,37246,37286,37378,37403,37408,37576,38198,38425,384

26,38453,38839,38845,38936,38937,39335 of 2016

3 RESERVE BANK OF INDIA, REPRESENTED BY REGIONAL HEAD, BANERJI RD, ERNAKULAM NORTH, KALOOR, ERNAKULAM, KERALA

- 682018

4 KANNUR DISTRICT CO-OPERAIVE BANK, REPRESENTED BY GENERAL MANAGER, KANNUR P.O., KANNUR - 670 001

BY ADVS.

SRI N.NAGARESH. SC RESERVE BANK OF INDIA B/O ASSISTANT SOLICITOR GENERAL

BY SPL.GOVT.PLEADER:SRI.BIMAL.K.NATH

26,38453,38839,38845,38936,38937,39335 of 2016

JUDGMENT

The learned counsel for the petitioners submits that

the writ petitions have become infructuous. Accordingly,

the writ petitions are dismissed as infructuous.