Citation : 2023 Latest Caselaw 9794 Ker
Judgement Date : 13 September, 2023
IN THE HIGH COURT OF KERALA AT ERNAKULAM
PRESENT
THE HONOURABLE MR. JUSTICE SATHISH NINAN
WEDNESDAY, THE 13TH DAY OF SEPTEMBER 2023 / 22ND BHADRA,
1945
WP(C) NO. 1079 OF 2023
PETITIONERS:
1 SHEELAKUMARI, W/O.PURUSHOTHAMAN NAIR, UDAYA
BHAVAN, NAGARUKUZHY, PALAMKONAM P.O, VENJARAMOOD,
THIRUVANANTHAPURAM DISTRICT., PIN - 695607
2 PURUSHOTHAMAN NAIRAGED 60 YEARSS/O.GOPINATHAN
NAIR, UDAYA BHAVAN, NAGARUKUZHY, PALAKONAM P.O,
VENJARAMOOD, THIRUVANANTHAPURAM DISTRICT., PIN -
695607
BY ADV ADITHYA RAJEEV
RESPONDENTS:
1 THE SPECIAL SALE OFFICER PULLAMPARA SERVICE CO-
OPERATIVE BANK LTD. NO.2429, OFFICE OF THE
ASSISTANT REGISTRAR OF CO-OPERATIVE SOCIETIES
(GENERAL), NEDUMANGAD, THIRUVANANTHAPURAM
DISTRICT., PIN - 695541
2 THE PULLAMPARA SERVICE CO-OPERATIVE BANK LTD.
NO.2429REPRESENTED BY ITS SECRETARY, MUKKUDIL
P.O, VENJARAMOODU, THIRUVANANTHAPURAM DISTRICT.,
PIN - 695607
BY ADV A.S. Shammy Raj A.S.
BY SR.GOVT.PLEADER:MABLE C KURIAN
THIS WRIT PETITION (CIVIL) HAVING COME UP FOR
ADMISSION ON 13.09.2023, THE COURT ON THE SAME DAY
DELIVERED THE FOLLOWING:
Sathish Ninan, J.
----------------------
WP(C) No.1079 of 2023
-------------------------------
Dated this the 13th day of September, 2023
JUDGMENT
Petitioners are faced with an award in ARC
No.1990/2018. Seeking enforcement of the award,
execution proceedings have been initiated. All that the
petitioners pray for is, an easy instalment facility to
wipe off the debt.
2. I have heard the learned counsel on either
sides.
3. On 13/01/2023, this Court had directed the
petitioners to remit an amount of Rs.1,50,000/- within a
period of one month. It is reported that the said
direction has been complied with.
Taking note of the financial constraints pointed
out and also the total amount involved which comes to
approximately Rs.14 lakhs, I am of the opinion that a
reasonable instalment facility can be afforded. WP(C) No.1079 of 2023
Accordingly, the writ petition is disposed of with
the following directions:
(a) Petitioners are permitted to pay off the
entire debt payable to the Bank, inclusive of interests
and costs, in 15 equal monthly instalments commencing
from 26/10/2023.
(b) It is made clear that in case of default in
payment of single instalment, the petitioners will lose
the benefit granted under this judgment and further
proceedings for recovery can go on.
Sd/-
Sathish Ninan, Judge rsr APPENDIX OF WP(C) 1079/2023 PETITIONER EXHIBITS Exhibit-P1 A TRUE COPY OF THE DEMAND NOTICE ISSUED UNDER RULE 81 (B) AND (C) OF KERALA CO-OPERATIVE SOCIETIES RULES, RECEIVED BY THE 1ST PETITIONER DATED 24-11-2022.
Exhibit-P2 A TRUE COPY OF THE DEMAND NOTICE ISSUED UNDER RULE 81 (B) AND (C) OF KERALA CO-OPERATIVE SOCIETIES RULES, RECEIVED BY THE 2ND PETITIONER DATED 24-11-2022.
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