The Authorized Officer, Kozhikode District Co-Operative Bank Limited v. Surendran, S/O.Kunhikannan
Case brief
What is this about?
Review petition filed by respondent Bank to clarify the starting date for reckoning a five-month period in a previous order. Court clarified that the period reckons from the judgment date and affirmed Bank’s right to proceed legally if amount remains uncleared.
What did the court decide?
Clarified that the five-month period reckons from the date of judgment; Bank free to proceed if amount not cleared.