Disposed

Beena v. Thaikkad Service Co-Operative Bank

Kerala HC2 Apr 2024WP(C)/17318/2023

Case brief

AI extract

What is this about?

Court allowed petitioner to pay off her loan account dues of Rs.17,73,486/- (as on 27.03.2024) plus applicable charges and interest in 18 equal monthly installments commencing 01.05.2024; action pursuant to Ext.P1 sale notice stands deferred so long as she pays as ordered, but defaults of any two consecutive installments permit further action without further court orders.

What the court decided

AI extract

Beena Vs Thaikkad Service Co-Operative Bank — Cooperative Societies | Kerala HC (2024)

¶1

IN THE HIGH COURT OF KERALA AT ERNAKULAM

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PRESENT

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THE HONOURABLE MR. JUSTICE DEVAN RAMACHANDRAN

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TUESDAY, THE 2ND DAY OF APRIL 2024 / 13TH CHAITHRA, 1946

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WP(C) NO. 17318 OF 2023

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PETITIONER:

¶7

BEENA, AGED 50 YEARS,
W/O PUSHPAKARAN, PAKATHU HOUSE,
KANDANASSERRY DESOM, KANDANASSERRY AMSOM,
CHAVAKKAD TALUK, THRISSUR DISTRICT – 680102.

¶8

BY ADVS.
ANAND KALYANAKRISHNAN
C.DHEERAJ RAJAN

¶9

RESPONDENTS:

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1THAIKKAD SERVICE CO-OPERATIVE BANK,
H3P6+JRC, THAIKKAD, CHAVAKKAD,
THRISSUR DISTRICT - 680 104,
REPRESENTED BY ITS MANAGER.

¶11

2SPECIAL SALE OFFICER,
THAIKKAD SERVICE CO-OPERATIVE BANK GROUP,
ASSISTANT REGISTRAR (GENERAL) OFFICE,
CHAVAKKAD P.O., THRISSUR, PIN – 680506.

¶12

BY ADV RASMI NAIR . T

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THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON
02.04.2024, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING:

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WP(C) NO. 17318 OF 2023

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-2-

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JUDGMENT

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When this matter was called today, Smt.Rasmi

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Nair T. - learned Standing Counsel for the
respondents, submitted that, if the petitioner
is interested, she can be allowed to pay off the
total amount in her loan account, which is a sum
of Rs.17,73,486/- as on 27.03.2024, along with
all applicable charges and interest, provided
she pays the same in not more than 18 equal
monthly installments.

¶19

2. Sri.Anand Kalyanakrishnan - learned

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counsel for the petitioner, accepted the afore
suggestion.

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Taking note of the afore submissions, I

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allow this writ petition, permitting the
petitioner to pay off the aforementioned amount,
along with all applicable charges and interest,

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in 18 equal monthly installments, commencing

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WP(C) NO. 17318 OF 2023

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from 01.05.2024.

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Needless to say, if the petitioner continues
to pay as afore, all action pursuant to Ext.P1
will stand deferred; but if she defaults payment
of any two consecutive installments as ordered
above, further action pursuant thereto can be
taken forward, without having to obtain further
orders from this Court.

¶27

Sd/-

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DEVAN RAMACHANDRAN

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JUDGE

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akv

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WP(C) NO. 17318 OF 2023

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-4-

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APPENDIX OF WP(C) 17318/2023

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PETITIONER EXHIBITS

¶35

EXHIBIT P1THE TRUE COPY OF THE SALE NOTICE DATED
03.02.2023 ISSUED BY THE 2ND
RESPONDENT TO THE PETITIONER

Beena v. Thaikkad Service Co-Operative Bank

Case brief

What is this about?

What the court decided

Beena v. Thaikkad Service Co-Operative Bank

Case brief

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What the court decided

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