IN THE HIGH COURT OF KERALA AT ERNAKULAM
GOPINATH P., J
MATHEW E.P. – Appellant
Versus
IRITTY CO-OPERATIVE AGRICULTURAL & RURAL DEVELOPMENT BANK LTD. – Respondent
JUDGMENT
The petitioner has approached this Court challenging the recovery proceedings initiated by the 1st respondent bank under the provisions of the Kerala State Co-operative Agricultural and Rural Development Banks Act , 1984, for recovery of amounts due under credit facilities availed by the petitioner from the 1st respondent bank. Essentially the only relief sought for in the writ petition is a direction to the respondent bank to permit the petitioner to clear the overdue amounts in the loan accounts in question in instalments. When this matter came up for consideration on 09-05-2025, this Court passed the following order:
“Issue notice before admission to the respondents by speed post.
Post on 16.06.2025.
There will be an interim stay as prayed for, on the petitioner remitting an amount of Rs.1,50,000/- (Rupees One Lakh and Fifty Thousand only) by 10.06.2025.”
Thereafter, when this matter came up for consideration before this Court on 11-07-2025, this Court was informed by the learned counsel for the 1st respondent bank that the petitioner had not complied with the condition imposed in the interim order dated 09-05-2025. This Court, therefore, permitted the bank to proceed aga
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