Citation : 2024 Latest Caselaw 27073 Ker
Judgement Date : 6 September, 2024
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WP(C) NO. 26097 OF 2024 2024:KER:70357
IN THE HIGH COURT OF KERALA AT ERNAKULAM
PRESENT
THE HONOURABLE MR. JUSTICE HARISANKAR V. MENON
FRIDAY, THE 6TH DAY OF SEPTEMBER 2024 / 15TH BHADRA, 1946
WP(C) NO. 26097 OF 2024
PETITIONER(S):
RANJINI C. P.,
AGED 54 YEARS, W/O HANURAJAN, AGED 54 YEARS,
CHAMAM PUNATHIL, CHELANNUR, KOZHIKODE, PIN - 673616.
BY ADV GODWIN JOSEPH
RESPONDENT(S):
1 ASSISTANT REGISTRAR (GENERAL) OF CO-OPERATIVE
SOCIETIES, KOZHIKODE, 17/1082, TALUK OFFICE ROAD,
OP. SAHAKARANA BHAVAN, PUTHIYARA, KOZHIKODE,
PIN - 673004.
2 JUNIOR INSPECTOR & ARBITRATOR
O/O ASSISTANT REGISTRAR (GENERAL) OF CO-OPERATIVE
SOCIETIES, 17/1082, TALUK OFFICE ROAD, OP. SAHAKARANA
BHAVAN, PUTHIYARA, KOZHIKODE, PIN - 673004.
3 CALICUT NORTH SERVICE CO-OPERATIVE BANK
REPRESENTED BY ITS SECRETARY, NO. NL.37, KARUVISSERY,
KOZHIKODE, PIN - 673010.
BY ADVS.
P.P.JACOB - R3
MARIYAM JACOB(K/001406/2018)
OTHER PRESENT:
GP SMT. RESMI THOMAS
THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON
06.09.2024, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING:
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WP(C) NO. 26097 OF 2024 2024:KER:70357
JUDGMENT
The petitioner has filed this writ petition challenging the
coercive proceedings initiated pursuant to Ext.P2 award dated
16.01.2023 with respect to arrears in a loan account with the
3rd respondent.
2. Sri.P.P.Jacob, the learned counsel for the 3rd
respondent, points out that the arrears are to the extent of
Rs.26,99,701/- and, therefore, ten instalments can be
granted.
3. Sri.Godwin Joseph, the learned counsel for the
petitioner, points out that on account of acute financial
difficulties, 15 instalments may be provided to the petitioner.
Considering the rival submissions, this writ petition will
stand disposed of, permitting the petitioner to clear the
arrears in 12 monthly instalments starting from 21.10.2024
consecutively. If the petitioner commits two successive
defaults in making payments, the respondent will be at liberty
WP(C) NO. 26097 OF 2024 2024:KER:70357
to continue with coercive proceedings against the petitioner
in accordance with law. If the petitioner makes payments as
directed above, coercive proceedings, if any, against the
petitioner shall stand deferred.
Sd/-
HARISANKAR V. MENON JUDGE Skk//19.09.2024
WP(C) NO. 26097 OF 2024 2024:KER:70357
APPENDIX OF WP(C) NO.26097 OF 2024
PETITIONER'S EXHIBITS:
EXHIBIT P1 A TRUE COPY OF THE PLAINTS DATED 14.10.2022 FILED BY THE 3RD RESPONDENT BEFORE THE 1ST RESPONDENT IN ARC NO. 8203/2022.
EXHIBIT P2 A TRUE COPY OF THE AWARD DATED 16.01.2023 PASSED BY THE 2ND RESPONDENT IN ARC NO. 8203/2022.
RESPONDENTS' EXHIBITS: NIL
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