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2025 Supreme(Online)(Ker) 52039

IN THE HIGH COURT OF KERALA AT ERNAKULAM
GOPINATH P., J
JAYAN JOSE – Appellant
Versus
THE SALES OFFICER / SENIOR INSPECTOR CO-OPERATIVE SOCIETIES – Respondent


Advocates:
For the Appellants/Petitioners: SHRI.MITHUN P., SHRI.SUMEEN S.
For the Respondents: SHRI.B.V.JOY SANKAR, SMT.CS SHEEJA (GP)

JUDGMENT

Petitioner availed credit facilities from the the 2nd respondent bank. On default being committed, proceedings were initiated against the petitioner under the provisions of the Kerala State Co-operative Agricultural and Rural Development Bank Act , 1984 leading to issuance to Exhibits P1 to P3 notices. This prompted the petitioner to approach this Court by filing the above writ petition.

2. Learned counsel appearing for the petitioner would submit that the petitioner is only seeking the liberty of repaying the entire amount in some instalments.

3. Learned counsel appearing for the respondent bank submits that the sale of the property of petitioner was conducted and the sale has also been confirmed by the Joint Registrar on 27.03.2025. However, it is submitted that, since the sale was confirmed in favour of the bank, if the petitioner clears the entire liability within a short time, the bank is willing to reconvey the property to the petitioner. It is submitted that, the outstanding amount, as on 27.03.2025, is Rs.15,51,807/- (Rupees Fifteen lakhs fifty one thousand eight hundred and seven only).

4. Having regard to the facts and circumstances of the case and the submissions

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