Citation : 2024 Latest Caselaw 15903 Ker
Judgement Date : 6 June, 2024
IN THE HIGH COURT OF KERALA AT ERNAKULAM
PRESENT
THE HONOURABLE MR. JUSTICE DEVAN RAMACHANDRAN
THURSDAY, THE 6TH DAY OF JUNE 2024 / 16TH JYAISHTA, 1946
WP(C) NO. 19081 OF 2024
PETITIONER:
RAJAN P
AGED 53 YEARS
S/O PALRAJ, PLAVILA HOUSE, ELAPPARA P.O.,
IDUKKI, PIN - 685501
BY ADV M.R.SASITH
RESPONDENTS:
1 DISTRICT COLLECTOR
COLLECTORATE, IDUKKI, KUYILIMALA, PAINAV P.O., IDUKKI,
KERALA STATE, PIN - 685603
2 DEPUTY TAHSILDAR (RR)
PEERUMEDE TALUK, PEERUMEDE TALUK OFFICE, PEERMADE
ROAD, PEERMADE, AZHUTHA, IDUKKI, PIN - 685531
3 THE AUTHORIZED OFFICER
THE KERALA STATE CO-OPERATIVE BANK(KERALA BANK),
EALAPPARA, VADAKAYIL BUILDING, LIITTLE FLOWER HOMEOS,
ELAPPARA P.O., IDUKKI, PIN - 685501
BY ADV K.S.ARUN KUMAR
SMT.MABLE C.KURIAN - SR GP
THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON
06.06.2024, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING:
WP(C) NO. 19081 OF 2024 2
JUDGMENT
When this matter was called today Sri.K.S.Arunkumar -
learned Standing Counsel for the 3rd respondent - Bank submitted
that the petitioner can be given two options to settle the loan
account, namely by paying an amount of Rs.1,08,442/- under the One
Time Settlement Scheme, called the 'Navakeraleeyam 2024",
provided he remits it on or before 30.06.2024; or, in the alternative,
that he can be allowed to pay off the total outstanding in the loan
account - which is an amount of Rs.1,75,129/-, as on 06.06.2024 - in
18 equal monthly instalments, commencing from 15.07.2024.
3. Sri.M.R.Sasith - learned counsel for the petitioner, fully
agreed to the afore and prayed that this writ petition be thus
ordered.
Consequently, I allow this writ petition leaving liberty to the
petitioner to settle the loan account in either of the afore manner as
suggested by Sri.K.S.Arunkumar; in which event, the loan liability
will stand closed and the title documents will be released to him.
If, on the contrary, the petitioner does not invoke the liberty of
settling the account under the One Time Settlement Scheme or
defaults two instalments as ordered above, then the benefit of this
judgment will lost to him and the Bank will be at full liberty of
initiating further action for recovery against him as per law following
due procedure.
It goes without saying that if the petitioner invokes either the
afore liberties, all further coercive action against him will stand
deferred, until he pays as per it.
Sd/-
DEVAN RAMACHANDRAN JUDGE MC/11.6
APPENDIX OF WP(C) 19081/2024
PETITIONER EXHIBITS Exhibit-P1 THE MEDICAL CERTIFICATE OF THE BORROWER DATED 28.10.2020 Exhibit-P2 THE TRUE COPY OF DEMAND NOTICE ISSUED BY THE 2ND RESPONDENT DATED 29.09.2023 BEARING RRC NO.2023/7568/06 Exhibit-P3 THE TRUE COPY OF ATTACHMENT NOTICE BEFORE SALE UNDER SECTION 34 OF REVENUE RECOVERY ACT ISSUED BY THE 3RD RESPONDENT DATED 09.10.2023 BEARING RRC NO.2023/7568/06 Exhibit-P4 THE TRUE COPY OF THE REQUEST LETTER DATED 13.03.2024 Exhibit-P5 THE DEATH CERTIFICATE DATED 23.01.2021 OF THE MOTHER OF THE PETITIONER
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