Citation : 2024 Latest Caselaw 12534 Ker
Judgement Date : 21 May, 2024
IN THE HIGH COURT OF KERALA AT ERNAKULAM
PRESENT
THE HONOURABLE MR.JUSTICE N.NAGARESH
TUESDAY, THE 21ST DAY OF MAY 2024 / 31ST VAISAKHA, 1946
WP(C) NO. 17385 OF 2024
PETITIONER:
SAJID K M
AGED 42 YEARS
S/O.MUHAMMED.K.M(LATE), SABEER MANZIL,
PANAYAL.PO, BAKEL FORT VIA,
KASARGOD, PIN - 671318
BY ADVS.
S.SUNIL KUMAR (PALAKKAD)
LEKSHMI S.SEKHER
K.J.SUNIL
FEMY M.ANTONY
RESPONDENTS:
1 BRANCH MANAGER
KERALA STATE COOPERATIVE BANK LTD,
PALLIKKARE BRANCH, PALLIKKARE P O,
KASARGODE, PIN - 671316
2 KERALA STATE CO-OPERATIVE BANK LTD
KANNUR REGIONAL OFFICE, PB NO-35, KANNUR.
REPRESENTED BY ITS AUTHORISED OFFICER,
PIN - 670001
SRI.M.SASINDRAN-R1 & R2
THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON
21.05.2024, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING:
WP(C) No.17385 Of 2024
2
JUDGMENT
Dated this the 21st day of May, 2024
The petitioner, who has availed financial assistance
from the Kerala State Co-operative Bank Limited, has
approached this Court seeking to direct the 1 st respondent-
Bank to consider and pass orders on Ext.P3 request for
settlement of the loan account in accordance with law.
2. From the pleadings, it appears that when the
Bank issued e-auction notification, the petitioner had
approached this Court earlier filing W.P.(C) No.34879 of
2023. This Court permitted the petitioner to make a proposal
for One Time Settlement on or before 23.11.2023.
3. I have heard the counsel for the petitioner and the
learned Standing Counsel representing the respondents.
4. It is evident from the arguments that the petitioner
failed to make a One Time Settlement proposal pursuant to WP(C) No.17385 Of 2024
the directions contained in W.P.(C) No.34879 of 2023.
Subsequently, the petitioner has made Ext.P3 request for One
Time Settlement.
5. I find that if the petitioner is ready to make a One
Time Settlement even at this stage, the respondents can
consider the same in accordance with law.
The writ petition is therefore disposed of directing the 1 st
respondent to consider Ext.P3 and take appropriate decision
thereon, within a period of one month.
Sd/-
N.NAGARESH JUDGE hmh WP(C) No.17385 Of 2024
APPENDIX OF WP(C) 17385/2024
PETITIONER EXHIBITS
Exhibit P1 TRUE COPY OF THE SALE NOTICE DATED 18.10.2023 ISSUED BY THE RESPONDENT NO-2 Exhibit P2 TRUE COPY OF THE JUDGMENT IN WPC NO-
34879/2023 OF HONBLE HIGH COURT DATED 22.11.2023 Exhibit P3 TRUE COPY OF THE REQUEST FOR ONE TIME SETTLEMENT MADE BEFORE RESPONDENT NO-1 DATED 05.05.2024
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