D.Prasad vs The Meenachil Co-Operative … on 12 February, 2007

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Kerala High Court
D.Prasad vs The Meenachil Co-Operative … on 12 February, 2007
       

  

  

 
 
  IN THE HIGH COURT OF KERALA AT ERNAKULAM

WP(C) No. 28166 of 2004(C)


1. D.PRASAD, BHATHI VILAS,
                      ...  Petitioner
2. D.RAJESH, RESIDING DO.
3. P.K.THANKAMMA, RESIDING AT DO.
4. K.G.DAMODARAN NAIR, RESIDING AT DO.

                        Vs



1. THE MEENACHIL CO-OPERATIVE AGRICULTURAL
                       ...       Respondent

                For Petitioner  :SRI.UNNIKRISHNAN.V.ALAPATT

                For Respondent  :SRI.T.S.RADHAKRISHNA PILLAI

The Hon'ble MR. Justice K.P.BALACHANDRAN

 Dated :12/02/2007

 O R D E R
                           K.P.BALACHANDRAN, J.

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                          W.P.(C)NO.28166 OF 2004

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               Dated this the 12th day of February 2007


                                     JUDGMENT

The petitioner who is the judgment debtor in E.P.5/2004 in

C.R.B.No.4924/2000 before the Sub Court, Pala has filed this

writ petition wherein the prayers are the following:

“i) Issue a writ of certiorari or any other writ or

direction quashing all the further proceedings in

E.P.No.5/2004 before the Sub Court Pala in

C.R.B.No.4924/2000.

ii) Issue a direction to adjourn the delivery of

property, giving the petitioners a reasonable time to

repay the balance loan amount in instalments.

iii) Such other appropriate writ or order or direction

this Honourable Court may deem fit and proper in the

facts and circumstances of the case.”

2. Pursuant to orders passed by this court on 25.9.2004

and 29.11.2004, it is submitted by the petitioner and the

respondent that an amount of Rs.1,00,000/- has been paid by the

W.P.(C)NO.28166 OF 2004

2

petitioner towards the decree debt to the respondent Bank. This

was done before 23.1.2005. Thereafter, not a paisa is paid by

the petitioner for the last two years. It is submitted by the

counsel for the petitioner that there was an oral direction by this

court to the respondent Bank to file a statement of the amounts

due after granting the petitioners all possible deductions and

deleting penal interest. The submission so made is not borne out

by any order passed by this court. However, the respondent can

file the statement and the petitioner can file objection to the said

statement in case that statement does not show the correct

amount due to the respondent Bank. All that has to be done

before the Execution Court and not before this court. More than

reasonable time has been granted by this court and the relief

petitioner wanted was only reasonable time to pay off the debt.

Whatever be the dispute with respect to the exact amount due, it

is not in dispute that a few lakhs is also due to the respondent

bank. The counsel for the petitioner submits that the petitioners

are prepared to pay at the rate of Rs.25,000/- per month without

default till the debt is cleared to which counsel for the

W.P.(C)NO.28166 OF 2004

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respondent also is agreeable provided default clause is also

incorporated. In the circumstances, I direct that the petitioner

shall pay to the respondent Bank Rs.25,000/- each per month on

or before the 20th of each calendar month beginning with

20.2.2007. In case payment of any instalment is defaulted, the

delivery of the mortgaged property sold to the decree holder will

take place. Any dispute with reference to the balance amount to

be paid can be advanced before the Execution Court and got

adjudicated. All the same, it is made clear that the debt as on

the date of sale is the amount for which the sale was conducted.

With this direction this writ petition is closed.

K.P.BALACHANDRAN, JUDGE

jes

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