Citation : 2024 Latest Caselaw 9200 Ker
Judgement Date : 3 April, 2024
IN THE HIGH COURT OF KERALA AT ERNAKULAM
PRESENT
THE HONOURABLE MR. JUSTICE DEVAN RAMACHANDRAN
WEDNESDAY, THE 3RD DAY OF APRIL 2024 / 14TH CHAITHRA, 1946
WP(C) NO. 7864 OF 2024
PETITIONER:
GEETHA V.S., AGED 56 YEARS
W/O MOHANAN, R/O BINEESH BHAVANAM, EDAKKIDOM, KOLLAM,
PIN - 691505
BY ADVS.
HARIKRISHNAN M.S.
SHAKTHI PRAKASH
RESPONDENT:
KAREEPRA PANCHAYATH SERVICE CO-OPERATIVE BANK LTD.
NO.3827, KAREEPRA, KUZHIMATHICADU P.O, KOLLAM
REPRESENTED BY THE BRANCH MANAGER., PIN - 691509
BY ADV P.C SASIDHARAN
THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON
03.04.2024, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING:
WP(C) NO. 7864 OF 2024
2
JUDGMENT
When this matter was called today, Sri.P.C.Sasidharan -
learned Standing Counsel for "Kareepra Panchayath Service
Co-operative Bank Ltd." ('Society' for short), submitted that,
the total outstanding in the loan account of the petitioner, as
on 19.03.2024, is Rs.12,42,794/-. He added that Rs.1,00,000/-
as ordered by this Court in the interim order has not been paid
and therefore that it is only if the petitioner remits the amount
by the end of this Month, can the afore benefit be given.
2. Sri.Harikrishnan M.S. - learned counsel for the
petitioner, fully agreed to the afore and prayed that this writ
petition be thus ordered.
3. In the afore circumstances, I allow this writ petition,
granting liberty to the petitioner to pay Rs.1,00,000/- on or
before 30.04.2024 and the balance amount in the loan account,
along with all applicable charges and interest, in 15 equal
monthly installments, commencing from 01.06.2024.
Needless to say, if the petitioner makes default on
payment of two installments as ordered above, further action WP(C) NO. 7864 OF 2024
pursuant thereto can be taken forward, without having to
obtain further orders from this Court.
Sd/- DEVAN RAMACHANDRAN JUDGE stu WP(C) NO. 7864 OF 2024
APPENDIX OF WP(C) 7864/2024
PETITIONER EXHIBITS
Exhibit P1 TRUE COPY OF THE NOTICE DATED 14.02.2024 ISSUED BY THE SPECIAL SALE OFFICER OF THE RESPONDENT BANK
RESPONDENT EXHIBITS
EXHIBIT R1(a) The true copy of the award dated 24/10/2019 in ARC No.721/2019
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