Back
IN THE HIGH COURT OF KERALA AT ERNAKULAM
GOPINATH P., J
ANSAR ALI MODATHIKKUNDAN – Appellant
Versus
CHEEKODE SERVICE CO-OPERATIVE BANK LTD – Respondent
| Table of Content |
|---|
| 1. the petitioner defaulted on a loan and sought relief from the court. (Para 1) |
| 2. arguments presented for and against the repayment terms were discussed. (Para 2) |
| 3. court's decision to allow installment repayment for the loan. (Para 4 , 5) |
JUDGMENT
The petitioner availed a loan from the respondent bank. On default being committed, proceedings were initiated against the petitioner under the provisions of the Kerala Co-operative Societies Act , 1969, prompting the petitioner to approach this court by filing the above writ petition.
2. The learned counsel appearing for the petitioner would submit that the petitioner may be permitted to clear the entire liability in installments. 3. The learned counsel appearing for the respondent bank submits that the outstanding amount due from the petitioner as on 21.11.2025 is Rs.12,78,942/-. It is submitted that some reasonable installments can be given to the petitioner to clear the entire liability.
4. Having heard the learned counsel for the petitioner and the learned counsel appearing for the respondent bank and having regard to the facts and circumstances of the case and the submissions made as recorded above, I am of the view
An indispensable Tool for Legal Professionals, Endorsed by Various High Court and Judicial Officers
Please visit our Training & Support
Center or Contact Us for assistance
Scan Me!
India’s Legal research and Law Firm App, Download now!
For Daily Legal Updates, Join us on :
Back to top
