Najeera vs Secretary

Type Court Judgment Court Kerala Decided Jun 05, 2024

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Citation: sooperkanoon.com/1325850
Court: Kerala High Court
Judge: Honourable Mr. Justice Devan Ramachandran
Decided On: Jun 05, 2024
Case Number: WP(C)/18466/2024

Parties & Advocates

Appellant / Petitioner

Najeera

Respondent

Secretary

Excerpt

.....petitioner involved in this case can be settled for a total amount of rs.12,25,185/-, as on 05.06.2024, along with all applicable charges and interest, provided same is paid by her in not more than 20 equal monthly installments.2. the learned counsel for the petitioner - sri.priyesh kumar m.p., accepted the afore suggestion. taking note of the afore submissions, i allow this writpetition, permitting the petitioner to pay off the aforementioned amount, along with all applicable charges and interest, in 20 equal monthly installments commencing from 15.07.2024. needless to say, if the amounts as afore are paid by the petitioner, the account will stand closed and the bank will return to her all security documents as are necessary; but, if on the contrary, any two installments are defaulted, the benefit of thisjudgment will be lost to her and the bank will be at full libertyto pursue further action pursuant to ext.p1 without having to obtain further orders from this court. it is also needless to say, therefore, that as long as the amounts as afore are paid, all further action pursuant to ext.p1 will stand deferred. sd/- rr devan ramachandran judge appendix of wp(c) 18466/2024 petitioner exhibits exhibit p1 a true copy of the notice dated 08.05.2024 numbered ep no.648/23

Full Judgment

IN THE HIGH COURT OF KERALA AT ERNAKULAM
PRESENT THE HONOURABLE MR. JUSTICE DEVAN RAMACHANDRAN WEDNESDAY, THE 5TH DAY OF JUNE 2024 / 15TH JYAISHTA, 1946 WP(C) NO. 18466 OF 2024 PETITIONER: NAJEERA, AGED 29 YEARS, W/O ASHIKH, ARYOT HOUSE, MEMUNDA POST, VADAKARA, KOZHIKODE DISTRICT,, PIN - 673104 BY ADV M.P.PRIYESHKUMAR RESPONDENTS: 1 SECRETARY, MEMUNDA CO-OPERATIVE URBAN BANK MEMUNDA POST, KOZHIKODE, PIN - 673104 2 A&E INSPECTOR/SALE OFFICER, OFFICE OF THE ASSISTANT REGISTRAR OF CO-OPERTIVE SOCIETIES (GENERAL) VADAKARA, KOZHIKODE DISTRICT,, PIN - 673101 BY ADVS. P.B.SUBRAMANYAN SABU GEORGE(K/000711/1998) MANU VYASAN PETER(K/000652/2013) B.ANUSREE(K/000951/2016) MEERA P.(K/000191/2019) THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 05.06.2024, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING:

JUDGMENT

When this matter was called today, Sri.P.B.Subramaniyan - learned Standing Counsel for the respondent-Bank, submitted that the loan account of the petitioner involved in this case can be settled for a total amount of Rs.12,25,185/-, as on 05.06.2024, along with all applicable charges and interest, provided same is paid by her in not more than 20 equal monthly installments.

2. The learned counsel for the petitioner - Sri.Priyesh Kumar M.P., accepted the afore suggestion. Taking note of the afore submissions, I allow this Writ

Petition, permitting the petitioner to pay off the aforementioned amount, along with all applicable charges and interest, in 20 equal monthly installments commencing from 15.07.2024. Needless to say, if the amounts as afore are paid by the petitioner, the account will stand closed and the Bank will return to her all security documents as are necessary; but, if on the contrary, any two installments are defaulted, the benefit of this

judgment will be lost to her and the Bank will be at full liberty

to pursue further action pursuant to Ext.P1 without having to obtain further orders from this Court. It is also needless to say, therefore, that as long as the amounts as afore are paid, all further action pursuant to Ext.P1 will stand deferred. Sd/- RR DEVAN RAMACHANDRAN JUDGE APPENDIX OF WP(C) 18466/2024 PETITIONER EXHIBITS Exhibit P1 A TRUE COPY OF THE NOTICE DATED 08.05.2024 NUMBERED EP NO.648/23

Same Court & Year Kerala · 2024 Same Parties Najeera vs Secretary Same Judge Honourable Mr. Justice Devan Ramachandran