Citation : 2024 Latest Caselaw 14560 Ker
Judgement Date : 31 May, 2024
IN THE HIGH COURT OF KERALA AT ERNAKULAM
PRESENT
THE HONOURABLE MR. JUSTICE DEVAN RAMACHANDRAN
FRIDAY, THE 31ST DAY OF MAY 2024 / 10TH JYAISHTA, 1946
WP(C) NO. 11792 OF 2024
PETITIONER:
SHIJOY, AGED 52 YEARS,
S/O CHAATHU, KOMANTHAKKAL HOUSE
VALAPPAD P.O, THRISSUR, PIN - 680567.
BY ADVS.
K.I.SAGEER
MUHAMMED YASIL
RESPONDENTS:
1 SPECIAL SALE OFFICER
NATTIKA-FIRKA COOPERATIVE RURAL BANK
OFFICE OF THE ASSISTANT REGISTRAR OF COOPERATIVE
SOCIETIES, CHAVAKKAD, THRISSUR, PIN - 680506.
2 SECRETARY
NATTIKA-FIRKA COOPERATIVE RURAL BANK HEAD OFFICE,
VALAPPAD, THRISSUR, PIN - 680567.
BY ADV
M.SASINDRAN, SC
THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON
31.05.2024, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING:
WP(C) NO. 11792 OF 2024
-2-
JUDGMENT
When this matter was called today,
Sri.M.Sasindran - learned Standing Counsel for
the respondents, submitted that, if the
petitioner is interested, he can be allowed to
pay off the total amount in his loan account,
which is a sum of Rs.39,74,294/- as on
08.05.2024, along with all applicable charges
and interest, provided he pays the same in not
more than 24 equal monthly instalments.
2. Sri.K.I.Sageer - learned counsel for the
petitioner, accepted the afore suggestion.
Taking note of the afore submissions, I
allow this writ petition, permitting the
petitioner to pay off the aforementioned amount,
along with all applicable charges and interest,
in 24 equal monthly instalments, commencing from
30.06.2024.
WP(C) NO. 11792 OF 2024
Needless to say, if the petitioner continues
to pay as afore, all action pursuant to Ext.P1
will stand deferred; but if he defaults payment
of any two instalments as ordered above,
necessary action for recovery can be taken
forward, without having to obtain further orders
from this Court.
Sd/-
DEVAN RAMACHANDRAN JUDGE akv WP(C) NO. 11792 OF 2024
APPENDIX OF WP(C) 11792/2024
PETITIONER EXHIBITS
EXHIBIT-P1 A TRUE COPY OF THE SALE NOTICE DATED 19.03.2024 OF THE 1ST RESPONDENT
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