Citation : 2024 Latest Caselaw 13088 Ker
Judgement Date : 23 May, 2024
IN THE HIGH COURT OF KERALA AT ERNAKULAM
PRESENT
THE HONOURABLE MR.JUSTICE N.NAGARESH
THURSDAY, THE 23RD DAY OF MAY 2024 / 2ND JYAISHTA, 1946
WP(C) NO. 1773 OF 2024
PETITIONER:
ABDUL LATHEEF
AGED 45 YEARS
S/O MUHAMMAD PULIKKADAN, VATTAPARAMB,
ALIPARAMB, MALAPPURAM,KERALA.,
PIN - 679357
BY ADVS.
THASNIMOL T.S.
SHIJI P.S.
RESPONDENT:
PERITHALMANNA SERVICE CO-OPERATIVE BANK
REPRESENTED BY, AUTHORIZED OFFICER.
P B NO.14, OOTY ROAD, PERINTHALMANNA,
MALAPPURAM DISTRICT., PIN - 679322
BY ADV M.KRISHNAKUMAR
THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON
23.05.2024, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING:
WP(C) No.1773 Of 2024
2
JUDGMENT
Dated this the 23rd day of May, 2024
The petitioner, who has availed a Mortgage Loan of
₹10 lakhs from the Perinthalmanna Service Co-operative
Bank in the year 2016 and against whom the Bank has filed
ARC 205/2018, has filed this writ petition seeking to direct the
respondent to permit the petitioner to clear the liability with
respect to the working business loan in 50 instalments.
2. The total outstanding amount payable by the
petitioner would be more than ₹15 lakhs.
3. When this writ petition came up for admission on
23.01.2024, this Court passed an interim order staying further
proceedings pursuant to Ext.P1 for a period of one month on
condition that the petitioner remits an amount of ₹2 lakhs
within a period of one month. The petitioner has not paid even WP(C) No.1773 Of 2024
a part of the amount directed to be paid in spite of expiry of
more than four months.
4. The writ petition is filed seeking permission to
repay the amount in instalments. The petitioner has not paid
the instalments as directed by this Court.
In the facts of the case, the petitioner is not entitled to
any further relief. The writ petition is therefore dismissed.
Sd/-
N.NAGARESH JUDGE hmh WP(C) No.1773 Of 2024
APPENDIX OF WP(C) 1773/2024
PETITIONER EXHIBITS Exhibit P1 TRUE COPY OF THE DEMAND NOTICE DATED 07.07.2023. ISSUED BY THE RESPONDENT BANK
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