Baburaj .D v. the Manager
Case brief
What is this about?
, High Court of Kerala allowed a writ petition permitting petitioners to repay a bank loan of Rs.10,52,226/- along with interest and charges in installments or lumpsum by 25.03.2024, thereby deferring recovery action until then.
What did the court decide?
Permission to repay loan of Rs.10,05,226/- with interest by 25.03.2024; recovery notice deferred.
What the court decided
IN THE HIGH COURT OF KERALA AT ERNAKULAM
PRESENT
THE HONOURABLE MR. JUSTICE DEVAN RAMACHANDRAN
TUESDAY, THE 7TH DAY OF NOVEMBER 2023 / 16TH KARTHIKA, 1945
WP(C) NO. 5743 OF 2023
PETITIONERS:
1 BABURAJ .D., AGED 32 YEARS S/O DAMODHARA CHANDHU, MONACHA, NEELESWAR, PUTHUKAI VILLAGE, HOSDURG, KASARAGOD, PIN - 671314 2 LATHA. T., AGED 54 YEARS W/O DAMODHARA CHANDHU, MONACHA, NEELESWAR, PUTHUKAI VILLAGE, HOSDURG, KASARAGOD, PIN - 671314 3 DAHOMDHARA CHANDU, AGED 67 YEARS S/O CHANDU MONACHA, MONACHA, NEELESWAR, PUTHUKAI VILLAGE, HOSDURG, KASARAGOD, PIN - 671314 RAHUL SASI NEETHU PREM MANU K. MURALI
RESPONDENTS:
1 THE MANAGER, ICICI BANK, KANHANGAD BRANCH, BANGACHERRY COMPLEX, T. B ROAD JUNCTION, KANHANGAD, KASARAGOD, KERALA., PIN - 671315 2 THE AUTHORIZED OFFICER, ICICI BANK, KANHANGAD BRANCH, BANGACHERRY COMPLEX, T. B ROAD JUNCTION, KANHANGAD, KASARAGOD, KERALA. PIN - 671315 3 DEPUTY TAHASILDAR, TALUK OFFICE, HOSDURG, KASARAGOD, KERALA., PIN - 671315 LAL K JOSEPH P.MURALEEDHARAN (THURAVOOR)(K/1651/2000) T.A.LUXY(L-78) SURESH SUKUMAR(K/634/1997) ANZIL SALIM(K/000447/2018)
Issues for consideration
2 issues framed by the court
Whether writ petition allowing petitioners to repay loan in installments or lumpsum by 25.03.2024 should be allowed.
Whether recovery notice issued under the Kerala Revenue Recovery Act should stand deferred pending repayment.
Parties & counsel
- petitioner
BABURAJ .D. AND OTHERS
- respondent
THE MANAGER, ICICI BANK, KANHANGAD BRANCH
Coram
DEVAN RAMACHANDRAN
Case details
As recorded by the court registry
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