K.Gopalan v. The Joint Registrar
Case brief
What is this about?
Guarantor liability; cooperative thrift and credit society; recovery of dues from principal borrower and guarantor; refusal to accept member's resignation and settle share and thrift amounts; writ of mandamus; Article 226 Constitution of India; Joint Registrar Department of Co operative Societies; Transport Corporation Employees Cooperative Thrift and Credit Society Ltd. (X-367); Metropolitan Transport Corporation (Chennai) Ltd; Madras High Court; K. Surender, J.; 17-06-2026; writ petition dismissed, no costs.
What did the court decide?
Since the petitioner had stood as guarantor for D.Srinivasan, it is always left open to the Society to proceed against both the principal borrower and the guarantor for recovery of the dues; therefore the petitioner's main ground that the Society ought to proceed only against the principal borrower cannot be sustained.