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IN THE HIGH COURT OF KERALA AT ERNAKULAM
GOPINATH P., J
NIDHEESH KUMAR.K.K – Appellant
Versus
CALICUT TOWN SERVICE CO-OPERATIVE BANK LIMITED – Respondent
| Table of Content |
|---|
| 1. petitioner initiated a loan default case under relevant statutory provisions. (Para 1) |
| 2. arguments presented for repayment arrangements by both parties. (Para 2 , 3) |
| 3. court's decision on installment repayment of loan with stipulated conditions. (Para 4 , 5) |
J U D G M E N T
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 12.01.2026 is Rs.10,05,074/-. 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 recor
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