Citation : 2022 Latest Caselaw 2708 Ker
Judgement Date : 11 March, 2022
IN THE HIGH COURT OF KERALA AT ERNAKULAM
PRESENT
THE HONOURABLE MR. JUSTICE DEVAN RAMACHANDRAN
FRIDAY, THE 11TH DAY OF MARCH 2022 / 20TH PHALGUNA, 1943
WP(C) NO. 17062 OF 2018
PETITIONER:
R.JOHNSON
AGED 58 YEARS
MOONNAMVADAKKATHIL VEEDU, NORTH MAYLAKKAD,THAZHUTHALA
VILLAGE, KOLLAM.
BY ADV SRI.T.R.RAJAN
RESPONDENTS:
1 POOTHAKKULAM SERVICE CO-OPERATIVE BANK LTD.
NO.2944 POOTHAKKULAM, KOLLAM, PIN-691 302,REPRESENTED
BY ITS SECRETARY.
2 THE ASSISTANT REGISTRAR
CO-OPERATIVE SOCIETIES (GENERAL),KOLLAM, PIN-691 013.
3 ARBITRATOR CUM SPECIAL SALE OFFICER
POOTHAKKULAM SERVICE CO-OPERATIVE BANK LTD.,NO.2944,
POOTHAKKULAM, KOLLAM, PIN-691 302.
4 THE JUNIOR INSPECTOR OF CO-OPERATIVE SOCIETIES
KOLLAM, PIN-691 013.
BY ADVS.
SRI.T.R.HARIKUMAR
SRI.ARJUN RAGHAVAN
OTHER PRESENT:
SMT.RESMI THOMAS G.P.
THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON
11.03.2022, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING:
WP(C) NO. 17062 OF 2018
2
JUDGMENT
Even though there are several averments, assertions
and contentions made and urged in this writ petition filed
challenging Ext.P1 Award, Ext.P4 judgment and Ext.P5
order, when this matter was called today, Smt.Liji Antony
- learned counsel appearing for the petitioner, submitted
that her client is willing to pay off the amounts under the
impugned order and judgments in sixteen monthly
instalments, if the respondent - Bank is ready to accede
to this.
2. In response, Sri.Arjun Raghavan - learned
counsel appearing for respondent No.1, submitted that
the total outstanding in the loan account of the petitioner
is Rs.12,24,000/- (Rupees Twelve Lakh Twenty Four
Thousand only) as on 11/02/2022, and that if the
petitioner is willing to pay it off in sixteen monthly WP(C) NO. 17062 OF 2018
instalments, he will not stand in the way, provided the
challenge against the impugned order and judgments is
given up.
3. In reply, Smt. Liji Antony acceded to the afore;
and prayed that this writ petition be ordered on such
terms.
Resultantly, recording the submissions of the
petitioner that the challenge to Ext. P1 Award is given up,
I order this writ petition and reserve liberty to him to pay
off the afore amount, along with all applicable charges
and interest, in sixteen equal monthly instalments,
commencing from 15th April, 2022.
Needless to say, if the afore payments are made
without default, all action to recover the amounts under
the impugned order and judgments shall stand deferred;
however, clarifying that if any two of the instalments are WP(C) NO. 17062 OF 2018
defaulted, then the Bank will be at liberty to take
necessary action under the Kerala Co-operative Societies
Act and Rules, without any further orders from this Court
and from the stage at which it is available today.
Sd/-
DEVAN RAMACHANDRAN JUDGE ANB WP(C) NO. 17062 OF 2018
APPENDIX OF WP(C) 17062/2018
PETITIONER EXHIBITS
EXHIBIT P1 : TRUE COPY OF THE AWARD NO.2899/2013 DATED 30-7-2013 WAS PASSED BY THE FOURTH RESPONDENT.
EXHIBIT P2 : TRUE COPY OF THE APPEAL MEMORANDUM IN APPEAL NO.87/2017 ON THE FILES OF THE HONOURABLE KERALA CO-
OPERATIVE TRIBUNAL,
THIRUVANANTHAPURAM.
EXHIBIT P3 : TRUE COPY OF THE DELAY CONDONATION
PETITION FILED BY THE PETITIONER ALONG WITH EXHIBIT P2.
EXHIBIT P4 : TRUE COPY OF THE JUDGMENT DATED 23-1-2018 OF THE HONOURABLE KERALA CO-OPERATIVE TRIBUNAL, THIRUVANANTHAPURAM IN APPEAL NO. 87/2017
EXHIBIT P5 : TRUE COPY OF THE REVIEW PETITION NO.1/2018 IN APPEAL NO. 87/2017 ON THE FILES OF THE HONOURABLE KERALA CO-OPERATIVE TRIBUNAL, THIRUVANANTHAPURAM
EXHIBIT P6 : TRUE COPY OF THE ORDER DATED 31-3-
2018 OF THE HONOURABLE KERALA CO-
OPERATIVE TRIBUNAL,
THIRUVANANTHAPURAM IN REVIEW
PETITION NO.1/2018 IN APPEAL
NO.87/2017.
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