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2017 Supreme(Ker) 370

MANAGING DIRECTOR KERALA STATE CO-OPERATIVE HOUSING FEDERATION – Appellant
Versus
LEELA ISSAC, W/O. P. V. ISSAC – Respondent


Advocates Appeared:
FOR THE APPELLANT : SRI. BINU MATHEW
FOR THE RESPONDENTS: SHRI S.U. NAZAR, V.N. SANKARJEE

JUDGMENT :

P.R. Ramachandra Menon, J.

These appeals have been preferred against a common judgment dated 27.02.2015 (followed by a common order dated 29.09.2015 passed, rejecting the Review Petition preferred by the appellants, seeking for reconsidering the direction), whereby the Title Deeds deposited by the Members of the Primary Co-operative Societies as security at the time of availing Housing Loans from the Primary Societies and kept in the drawers of the Appellant Federation/Apex Body are ordered to be returned, once it is confirmed that the amount due under the loan transaction is fully satisfied by the members, to the Primary Co-operative Societies.

2. Since the issue is common, the pleadings and proceedings are referred to as given in W.A.No.2041 of 2016. The writ petitioners, who were members of the 4th respondent, Primary Co-operative Societies, sought to avail financial assistance from the Societies for construction of residential building. After considering the applications, the title deeds and such other records required to be produced, Loan was sanctioned and the amount was disbursed to the writ petitioners, instructing them to effect the repayment of the due amount with













































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