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ELDOSE, S/O.VARGHESE, PARACKAL versus THE DEVIKULAM TALUK CO

High Court of Kerala

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ELDOSE, S/O.VARGHESE, PARACKAL v. THE DEVIKULAM TALUK CO-OPERATIVE - WP(C) No. 5489 of 2006(C) [2007] RD-KL 1884 (24 January 2007)

IN THE HIGH COURT OF KERALA AT ERNAKULAM

WP(C) No. 5489 of 2006(C)

1. ELDOSE, S/O.VARGHESE, PARACKAL,
... Petitioner

Vs

1. THE DEVIKULAM TALUK CO-OPERATIVE
... Respondent

2. THE SPECIAL SALE OFFICER,

For Petitioner :SRI.LATHEESH SEBASTIAN

For Respondent :SRI.C.K.VIDYASAGAR

The Hon'ble MR. Justice J.M.JAMES

Dated :24/01/2007

O R D E R

J.M.JAMES, J.


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W.P.(C) No. 5489 of 2006 (C)
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Dated this the 24th day of January, 2007



J U D G M E N T

The writ petitioner is a defaulter to a loan availed from the first respondent bank. He was proceeded against, by proclaiming to sell his property, by the respondents. Hence, he is before this Court through this writ petition.

2. On 24/02/2006, an interim order was passed, staying the sale of his property, on condition of remittance of Rs.25,000/-. The learned counsel for the writ petitioner submits that the said condition had been complied with.

3. After hearing all concerned, I direct the writ petitioner to approach the first respondent, with a representation, requesting for an one time settlement, within ten days from today.

4. On receipt of the above representation, the first respondent shall hear the writ petitioner and fix the amount due, after extending all the facilities and benefits available under the W.P.(C) No.5489/2006 (C) 2 one time settlement scheme under Circular No.59/2006, dated 30/11/2006. This shall be done within three weeks from the date of receipt of the representation.

5. Till a final decision is taken, there shall be no coercive steps against the writ petitioner. This writ petition is disposed of as above. (J.M.JAMES) Judge ms


Copyright

Reproduced in accordance with s52(q) of the Copyright Act 1957 (India) from judis.nic.in, indiacode.nic.in and other Indian High Court Websites

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