Citation : 2023 Latest Caselaw 2005 Ker
Judgement Date : 3 February, 2023
IN THE HIGH COURT OF KERALA AT ERNAKULAM
PRESENT
THE HONOURABLE MR. JUSTICE T.R.RAVI
FRIDAY, THE 3RD DAY OF FEBRUARY 2023 / 14TH MAGHA, 1944
WP(C) NO. 3601 OF 2023
PETITIONER:
RAJESH.A.R
AGED 37 YEARS, S/O. A.K.RAJAN,
ATHIKKAKUZHIYIL HOUSE, NORTH MAZHAVANNUR,
P.O.KUNNATHUNADU, KUNNATHUNADU TALUK,
ERNAKULAM DISTRICT, PIN - 686669
BY ADVS.
G.HARIHARAN
PRAVEEN.H.
K.S.SMITHA
V.R.SANJEEV KUMAR
GENTLE C.D.
RESPONDENTS:
1 THE KERALA STATE CO-OPERATIVE BANK LTD
PATTIMATTOM BRANCH, PATTIMATTOM,
ERNAKULAM DISTRICT - 683562
[REPRESENTED BY ITS BRANCH MANAGER].
2 AUTHORIZED OFFICER
THE KERALA STATE CO-OPERATIVE BANK LTD.,
KOLENCHERY BRANCH, KOLENCHERY,
ERNAKULAM DISTRICT, PIN - 682311
3 THE REGISTRAR OF CO-OPERATIVE SOCIETIES
JAWAHAR SAHAKARANA BHAVAN,
DPI JUNCTION, THYCAUD P.O,
THIRUVANANTHAPURAM, PIN - 695014
BY ADV N.RAGHURAJ
THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON
03.02.2023, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING:
WP(C) NO. 3601 OF 2023
2
T.R. RAVI, J.
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W. P. (C). No.3601 of 2023
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Dated this the 3rd day of February, 2023
JUDGMENT
Admit. Standing counsel takes notice for the respondents.
2. The standing counsel submits that the loan availed by the
petitioner was in 2019 and has a period of 10 years. As on
31.01.2023, the overdue amount comes to ₹3,93,866/-.
3. The counsel for the petitioner has a contention that the
petitioner is entitled to the benefit of the Navakeraleeyam One Time
Settlement Scheme.
In the above circumstances, this writ petition is disposed of
directing the petitioner to prefer an application before the Bank for
the benefit of the Scheme within 10 days from today and on receipt
of the same, the Bank shall consider and pass orders. Coercive
steps shall be kept in abeyance till the disposal of such application.
Sd/-
T.R. RAVI JUDGE
Pn WP(C) NO. 3601 OF 2023
APPENDIX OF WP(C) 3601/2023
PETITIONER'S EXHIBITS
Exhibit P1 A TRUE COPY OF THE NOTICE DATED 24.06.2022 ISSUED BY THE RESPONDENTS 1 AND 2 ADDRESSED TO THE PETITIONER U/S 13(2) OF THE SARFAESI ACT
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