High Court Kerala High Court

V.Venue vs Assistant Registrar & Special on 24 March, 2010

Kerala High Court
V.Venue vs Assistant Registrar & Special on 24 March, 2010
       

  

  

 
 
  IN THE HIGH COURT OF KERALA AT ERNAKULAM

WP(C).No. 6612 of 2007(K)


1. V.VENUE, VENUSADHANAM,
                      ...  Petitioner
2. V.VINOD, VENUSADHANAM,
3. V.RENU, VENUSADHANAM,

                        Vs



1. ASSISTANT REGISTRAR & SPECIAL
                       ...       Respondent

2. PATHANAMTHITTA DISTRICT CO-OPERATIVE

3. P.BIJUMON, MEDAIYIL, VEATTIPPURAM P.O.,

                For Petitioner  :SRI.SUNIL JACOB JOSE

                For Respondent  :SRI.P.C.SASIDHARAN

The Hon'ble MR. Justice THOTTATHIL B.RADHAKRISHNAN

 Dated :24/03/2010

 O R D E R

THOTTATHIL B.RADHAKRISHNAN, J.

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W.P.(C).No.6612 of 2007-K

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Dated this the 24th day of March, 2010.

Judgment

The petitioners were guarantors to a loan availed

by the third respondent from the second

respondent, a district co-operative bank.

According to the petitioners, that lending is

supported by collateral security by way of

deposit of title deeds, made by the third

respondent. There is an arbitration award between

the parties. The loan transaction is not

disputed. The execution proceedings can be only

in terms of the award. I do not find any

jurisdictional error or legal infirmity in the

action taken on the basis of the award. The writ

petition fails. The same is accordingly

dismissed.

THOTTATHIL B.RADHAKRISHNAN,
JUDGE.

Sha/2004