Citation : 2024 Latest Caselaw 9623 Ker
Judgement Date : 4 April, 2024
IN THE HIGH COURT OF KERALA AT ERNAKULAM
PRESENT
THE HONOURABLE MR. JUSTICE DEVAN RAMACHANDRAN
THURSDAY, THE 4TH DAY OF APRIL 2024 / 15TH CHAITHRA, 1946
WP(C) NO. 10241 OF 2023
PETITIONERS:
1 RAMYA.K.P., AGED 37 YEARS, WIFE OF GIREESH.K.P,
KURUPARAMBIL HOUSE, KAVILAKKAD, PUTHUPPALLI.P.O,
PURATHUR, MALAPPURAM DISTRICT., PIN - 676102
2 GIREESH.K.P., AGED 45 YEARS, SON OF SREEDHARAN,
KURUPARAMBIL HOUSE, KAVILAKKAD, PUTHUPPALLI.P.O,
PURATHUR, MALAPPURAM DISTRICT., PIN - 676102
BY ADVS.
A.ARUNKUMAR
S.SHYAM KUMAR
SACHIN GEORGE ARAMBAN
RESPONDENTS:
1 SALE OFFICER, THE TIRUR PRIMARY CO-OPERATIVE
AGRICULTURAL AND RURAL DEVELOPMENT BANK LTD
NO.M.11, TIRUR, MALAPPURAM DISTRICT.,
PIN - 676101
2 THE TIRUR PRIMARY CO-OPERATIVE AGRICULTURAL AND
RURAL DEVELOPMENT BANK LTD, REPRESENTED BY ITS
BRANCH MANAGER, TIRUR BRANCH, P.O.TIRUR,
MALAPPURAM DISTRICT-, PIN - 676101
BY ADVS.
RAJESH KUMAR R.
M.B.SHYNI - R2
THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON
04.04.2024, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING:
WPC 10241/23
2
JUDGMENT
When this matter was called today, the learned Standing
Counsel for the respondent-Bank, submitted that, even though an
amount of Rs.75,000/- has been ordered to be paid by the
petitioners by this Court through the interim order dated
23.03.2024, it has not been paid and that the total outstanding in
their loan account comes to Rs.7,22,259/-, as on 31.03.2024. She
added that, if the petitioners are willing to pay Rs.75,000/- on or
before 30.04.2024 and the balance in 15 equal monthly
installments, commencing from 15.06.2024, the account can be
regularised.
2. The learned counsel for the petitioners - Sri.A.Arun
Kumar, accepted the afore suggestion.
Taking note of the afore submissions, I allow this Writ
Petition, permitting the petitioners to pay Rs.75,000/- on or before
30.04.2024 and the balance in 15 equal monthly installments,
along with all applicable charges and interest, starting from
15.06.2024.
Needless to say, if the amounts as afore are paid by the
petitioners, the account will stand closed and the Bank will return
to them all security documents as are necessary; but, if on the
contrary, any two installments are defaulted, the benefit of this
judgment will be lost to them and the Bank will be at full liberty
to pursue further action pursuant to Ext.P1 without having to
obtain further orders from this Court.
It is also needless to say, therefore, that as long as the
amounts as afore are paid, all further action pursuant to Ext.P1
will stand deferred.
Sd/-
RR DEVAN RAMACHANDRAN
JUDGE
APPENDIX OF WP(C) 10241/2023
PETITIONER EXHIBITS
Exhibit P1 A TRUE COPY OF THE SALE NOTICE DATED 27-
02-2023 ISSUED BY THE 1ST RESPONDENT
Exhibit P2 A TRUE COPY OF THE PRESCRIPTION ISSUED BY
DR.ARAVIND KUMAR.K SENIOR RESIDENT, DEPT. OF CARDIOLOGY GOVT. MEDICAL COLLEGE, KOZHIKODE Exhibit P3 TRUE COPY OF THE MEDICAL RECORDS OF THE 2ND PETITIONER
Publish Your Article
Campus Ambassador
Media Partner
Campus Buzz
LatestLaws.com presents: Lexidem Offline Internship Program, 2026
LatestLaws.com presents 'Lexidem Online Internship, 2026', Apply Now!