Citation : 2024 Latest Caselaw 8997 Ker
Judgement Date : 27 March, 2024
IN THE HIGH COURT OF KERALA AT ERNAKULAM
PRESENT
THE HONOURABLE MR. JUSTICE DEVAN RAMACHANDRAN
WEDNESDAY, THE 27TH DAY OF MARCH 2024 / 7TH CHAITHRA, 1946
WP(C) NO. 6999 OF 2024
PETITIONER:
ROSY FRANCIS, AGED 62 YEARS,
W/O FRANCIS, CHULLYPARAMBIL (H),
VATTANATHARA. P.O. AMBALLOR,
TRISSUR DISTRICT., PIN - 680302.
BY ADV BIJU.P.N.
RESPONDENTS:
1 THE ASSISTANT REGISTRAR (GENERAL) CO-OPERATIVE
SOCIETIES, TRISSUR, PIN - 680002.
2 THE SECRETARY
VATTANATHRA CO OPERATIVE SERVICE BANK LTD NO 499,
VATTANATHRA .P.O., VATTANATHRA, AMBALOOR,
TRISSUR DISTRICT, PIN - 682302.
BY ADVS.
PHILIP T.VARGHESE
THOMAS T.VARGHESE
ACHU SUBHA ABRAHAM
V.T.LITHA
K.R.MONISHA
SMT.MABLE C.KURIAN, SR.GP
THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON
27.03.2024, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING:
WP(C) NO. 6999 OF 2024
-2-
JUDGMENT
When this matter was called today,
Sri.Biju P.N. - learned counsel for the
petitioner, submitted that an amount of Rs.1
lakh had been paid to 'Vattanathra Co-
operative Service Bank Ltd.' ('Bank', for
short) - of which 2nd respondent is the
Secretary, as per the interim order dated
22.02.2024 and the balance can be allowed to
be paid in 15 equal monthly installments,
provided she pays another Rs.1 lakh in a
month's time.
2. Sri.Philip T.Varghese - learned
counsel for the Bank, affirmed the afore and
offered that the petitioner can be allowed to
pay off the total amount in her loan account,
which is a sum of Rs.11,12,911/-, as on WP(C) NO. 6999 OF 2024
23.02.2024, along with all applicable charges
and interest, provided she pays the same in
not more than 15 equal monthly installments.
3. Sri.Biju P.N. - learned counsel for
the petitioner, accepted the afore
suggestion.
Taking note of the afore submissions, I
allow this writ petition with the following
directions:
(a) The petitioner will pay an amount of
Rs.1 lakh to the respondent Bank on or before
30.04.2024.
(b) If the afore payment is made, then
the petitioner will be at liberty to pay off
the balance amount in her loan account, along
with all applicable charges and interest, in
15 equal monthly installments, commencing WP(C) NO. 6999 OF 2024
from 30.5.2024.
(c) Needless to say, if the petitioner
continues to pay as afore, all action
pursuant to Ext.P1 will stand deferred; but
if she defaults payment of any of the
installments as ordered above, necessary
action pursuant thereto can be taken forward,
without having to obtain further orders from
this Court.
Sd/-
DEVAN RAMACHANDRAN JUDGE akv WP(C) NO. 6999 OF 2024
APPENDIX OF WP(C) 6999/2024
PETITIONER EXHIBITS
EXHIBIT P1 A TRUE COPY OF THE AUCTION/ EVICTION NOTICE DATED 15-2-2024,
EXHIBIT P2 A COPY OF THE LOAN SANCTIONING/ PASS BOOK
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!