High Court Kerala High Court

Thankamani S vs Special Sale Officer on 25 September, 2006

Kerala High Court
Thankamani S vs Special Sale Officer on 25 September, 2006
       

  

  

 
 
  IN THE HIGH COURT OF KERALA AT ERNAKULAM

WP(C) No. 16680 of 2006(I)


1. THANKAMANI S.,
                      ...  Petitioner

                        Vs



1. SPECIAL SALE OFFICER,
                       ...       Respondent

2. ALAPPUZHA DISTRICT CO-OPERATIVE BANK LTD

3. THE DEPUTY DIRECTOR OF PANCHAYATH,

4. T. KRISHNANKUTTY,

                For Petitioner  :SRI.C.T.RAVIKUMAR

                For Respondent  :SRI.T.R.RAMACHANDRAN NAIR,SC, ALP.DIST.

The Hon'ble MR. Justice K.THANKAPPAN

 Dated :25/09/2006

 O R D E R
                               K.THANKAPPAN, J.
                           ------------------------------------
                           W.P.(C)NO. 16680 OF 2006
                           ------------------------------------


                   Dated this the 25 th day of September, 2006


                                     JUDGMENT

The petitioner stood surety for a loan taken by the 4th respondent

from the second respondent – Bank. Since the loan amount was not repaid

as agreed, the Bank filed Arbitration Case against the 4th respondent and

on the basis of the award passed, steps were taken to attach the property of

the 4th respondent. The grievance of the petitioner is that without

considering the above, steps are being taken to proceed against her.

2. The petitioner is also a party to the Arbitration Case. Since the

property of the 4th respondent has been attached for recovery of the loan

amount, order to recover any amount from the petitioner is irregular. The

petitioner or any other guarantor can be proceeded against only if the

amount realised from the public auction of the property of the 4th

respondent is not enough to cover the liability. The Bank has no such

case. In the above circumstances, no further recovery will be made from

W.P.C)NO.16680/2006 2

the salary of the petitioner pursuant to Exts.P3 and P4.

The Writ Petition is disposed of as above.

(K.THANKAPPAN, JUDGE)

sp/