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IN THE HIGH COURT OF KERALA AT ERNAKULAM
GOPINATH P., J
RAJEEV .P . S – Appellant
Versus
THE VENGINISSERY SERVICE CO-OPERATIVE BANK LTD – Respondent
| Table of Content |
|---|
| 1. initiation of recovery proceedings due to loan default. (Para 1 , 2) |
| 2. petitioner's prior non-disclosure of earlier writ petition. (Para 3) |
| 3. denial of discretionary relief for failure to comply with interim order. (Para 4) |
JUDGMENT
This writ petition has been filed challenging the recovery proceedings initiated by the 1st respondent bank to recover amounts due under a loan availed by the petitioner from the respondent bank.
2. According to the petitioner, the petitioner was regular and prompt in making repayment of the loan, but from the year 2015 onwards, the petitioner could not service the loan on account of the fact that the petitioner’s son was diagnosed with certain heart ailments and huge amounts had to be spent for his treatment.
3. Learned counsel appearing for the respondent bank submits that, on default being committed, the bank had initiated proceedings under Section 69 of the Kerala Co-operative Societies Act , 1969 and had obtained an Award. It is submitted that, the Award was put to execution and Exhibit P1 sale notice has now been issued. It is submitted that, this is the second round of litigation at the instance of the petitioner. It is pointed
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