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V. RAVEENDRAN, HOTEL BLUE NILE v. PRESIDENT - WP(C) No. 13826 of 2007(U) [2007] RD-KL 8110 (2 May 2007)
IN THE HIGH COURT OF KERALA AT ERNAKULAM
WP(C) No. 13826 of 2007(U)1. V. RAVEENDRAN, HOTEL BLUE NILE,
... Petitioner
Vs
1. PRESIDENT,
... Respondent
2. KANNUR DISTRICT CO-OPERATIVE BANK LTD.,
3. JOINT REGISTRAR OF CO-OPERATIVE
For Petitioner :SRI.N.NAGARESH
For Respondent : No Appearance
The Hon'ble MR. Justice T.R.RAMACHANDRAN NAIR
Dated :02/05/2007
O R D E R
T.R.RAMACHANDRAN NAIR, J
W.P.(C).NO. 13826 OF 2007Dated this the 2nd day of May, 2007.
JUDGMENT
The petitioner has availed a loan to the tune of Rs. 4.5 Crores from the second respondent, bank. The same is evidenced by Ext.P1. It is submitted by the counsel for the petitioner that already 1.50 Crores have been released by the second respondent. The prayer in the Writ Petition is mainly for a direction to the respondents 1 and 2 to disburse the balance loan amount forthwith. The petitioner has already approached the competent authority as per Ext.P5 representation.
2. Heard the counsel for the petitioner and Sri. Muhammed Kunji who is appearing for the first and second respondents. It is agreed that a direction can be issued to the first and second respondents to consider and pass orders on Ext.P5 in accordance with law as expeditiously as possible. Therefore the Writ Petition is disposed of directing respondents 1 and 2 to consider and pass orders on Ext.P5 within a period of three weeks from the date of production of a copy of this judgment.
T.R.RAMACHANDRAN NAIR, JUDGE.
bknCopyright
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