Lekha .R., v. the Manager
Case brief
What is this about?
This writ petition challenged the bank's recovery proceedings. The Court directed the bank to furnish an account statement and allowed the petitioners to clear dues in four installments within a specified period.
What did the court decide?
Furnishing of account statement within one week; Clearance of dues in four equal monthly installments by specified dates; Stay of impugned proceedings upon compliance.
What the court decided
IN THE HIGH COURT OF KERALA AT ERNAKULAM
PRESENT
THE HONOURABLE MR. JUSTICE ALEXANDER THOMAS
THURSDAY, THE 09TH DAY OF JANUARY 2020 / 19TH POUSHA, 1941
WP(C).No.416 OF 2020(B)
PETITIONER/S:
1 LEKHA .R., AGED 40 YEARS W/O. HARILAL G, RESIDING AT VAYALIL VEEDU, KARIKKUZHI VALIYAVILA, MAYYANAD P O, KOLLAM.
2 HARILAL
S/O.GOPALAKRISHNA PILLAI, RESIDING AT VAYALIL VEEDU, KARIKKUZHI VALIYAVILA, MAYYANAD P O, KOLLAM.
BY ADV. SRI.S.SREEKUMAR (KOLLAM)
RESPONDENT/S:
- 1 THE MANAGER, QUILON CO-OPERATIVE URBAN BANK LTD NO.960, VMCA ROAD, KOLLAM-691001.
Issues for consideration
2 issues framed by the court
Whether the High Court can direct the bank to regularize the loan account and allow repayment in installments.
Whether the impugned recovery proceedings should be stayed subject to payment of dues.
Parties & counsel
- petitioner
Lekha .R.
- petitioner
Harilal
- respondent
The Manager, Quilon Co-Operative Urban Bank Ltd
- respondent
The Authorized Officer, Quilon Co-Operative Urban Bank Ltd
Coram
Case details
As recorded by the court registry
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