R. NARAYANA PISHARADI, J.

1. These Writ Appeals, W.A.No.2058 of 2015 and W.A.No.1665 of 2016 are filed challenging the judgments rendered by two learned single Judges of this Court in W.P.(C) No.27785 of 2013 and W.P.(C) No.22652 of 2015 respectively.

W.A.No.2058/2015

2. This appeal arises out of the judgment in W.P.(C) No.27785 of 2013. The brief facts of this case are as follows: The Kerala State Co-operative Bank Limited (hereinafter referred to as 'the Bank), the writ petitioner in W.P.(C) No.27785 of 2013, sanctioned a loan of Rs.4,00,000/- in favour of the second respondent from its Kannur Branch. The loan was sanctioned to the second respondent on the basis of the application dated 26.04.2005 submitted by him. The loan was granted to him for construction of a house. As per Ext.P1 letter dated 23.5.2005, the Bank gave intimation to the second respondent regarding the sanctioning of the loan. The loan amount was repayable in 180 monthly instalments with interest at the rate of 7.75% per annum. The second respondent executed Ext.P3 agreement dated 31.5.2005 containing the terms and conditions of the loan transaction. He also executed Ext.P2 promissory note for the amount