ANIL K.NARENDRAN
SOSAMMA JOHN, W/O. T. P. JOHN – Appellant
Versus
THRISSUR CO-OPERATIVE AGRICULTURAL & RURAL DEVELOPMENT BANK NO. 329 – Respondent
The petitioner, who obtained a loan from the 1st respondent Bank, has approached this Court in this writ petition under Article 226 of the Constitution of India, seeking a writ of certiorari to quash Exts.P1 and P2 notices dated 01.11.2017 and 25.01.2018 respectively, and seeking a writ of mandamus commanding the respondents to grant four months' time to sell a part of the mortgaged property for discharging the amount due to the 1st respondent Bank and also an order directing the 3rd respondent Sale Officer not to continue with the proceedings to sell the property till then.
2. On 10.01.2018, when this writ petition came up for admission, this Court issued urgent notice on admission by special messenger to respondents 1 to 3, returnable on 17.01.2018. On that day, the learned counsel for the 1st respondent Bank submitted that the total overdues as on that date comes to Rs. 5,90,000/-and that, if the petitioner is prepared to clear the said amount within one week, the 1st respondent Bank is prepared to regularise the loan account. Learned counsel for the petitioner sought time to get instructions as to whether a part of the mortgaged property can be sold for realising the l
Login now and unlock free premium legal research
Login to SupremeToday AI and access free legal analysis, AI highlights, and smart tools.
Login
now!
India’s Legal research and Law Firm App, Download now!
Copyright © 2023 Vikas Info Solution Pvt Ltd. All Rights Reserved.