Geethakumari v. the Special Sale Officer / Assistant Registrar (General)
Case brief
What is this about?
Geethakumari v. Special Sale Officer / Assistant Registrar (General) & Secretary, Pallickal Farmers Co-operative Bank Ltd., WP(C) No.2217 of 2025, High Court of Kerala at Ernakulam, decided 08.04.2025 by Murali Purushothaman, J. Keywords: co-operative bank loan arrears; arbitration award; demand notices Exts.P4 and P5; instalment/instalment payment direction (18 equal monthly installments from 15.05.2025); outstanding Rs.13,86,283/-; coercive recovery proceedings deferred; default clause preserving Society's right to recover per law; writ disposed of.
What did the court decide?
Writ petition disposed of with direction to the petitioner to pay the outstanding Rs.13,86,283/- in 18 equal monthly installments commencing 15.05.2025, with accrued interest and applicable charges; on default of any installment the Society may proceed for recovery in accordance with law, and meanwhile all coercive proceedings pursuant to Exts.P4 and P5 stand deferred.