High Court Kerala High Court

The Ekm. Dist. Co.Op.Bank Ltd vs The R.T.O. Kakkanad on 17 March, 2008

Kerala High Court
The Ekm. Dist. Co.Op.Bank Ltd vs The R.T.O. Kakkanad on 17 March, 2008
       

  

  

 
 
  IN THE HIGH COURT OF KERALA AT ERNAKULAM

OP No. 23723 of 2000(Y)



1. THE EKM. DIST. CO.OP.BANK LTD.
                      ...  Petitioner

                        Vs

1. THE R.T.O. KAKKANAD
                       ...       Respondent

                For Petitioner  :SRI.ANTONY DOMINIC

                For Respondent  :GOVERNMENT PLEADER

The Hon'ble MR. Justice P.R.RAMAN

 Dated :17/03/2008

 O R D E R
                             P.R.RAMAN, J.
                   ---------------------------
                        O.P.No.23723 OF 2000
                  ----------------------------
                Dated this the 17th day of March, 2008

                                JUDGMENT

Petitioner is a Co-operative Bank, who is also the financier in the

purchase of three buses by a primary co-operative society. That primary

society is not made a party in this original petition. They committed default

in repayment of the amount and admittedly the petitioner based on the hire

purchase agreement re-possessed the vehicles in 1995 and thereafter

initiated steps for recovery of the amount due to them by filing an

arbitration suit under the Kerala Co-operative Societies Act before the

Arbitrator. Eventually, a decree was passed. In the meantime, the vehicles

were also attached at the instance of the petitioner and sold on 20/9/1999.

During the period after it was re-possessed by the petitioner until it was

sold on 20/9/1999, proceedings for the recovery of tax in respect of the

vehicles were initiated by the department against the petitioner. Challenging

the said proceedings, this original petition is filed. It is now settled that by

virtue of Section 9 of the Kerala Motor Vehicles Taxation Act, the financier

in possession of the vehicle is also liable for payment of tax jointly and

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severally. True in case such tax is recovered from the financier, they may

be entitled to recover the same from the hirer. But in this case admittedly

the tax became due after 1995 i.e. after the vehicles were re-possessed by

the petitioner. Though it is contended by the Senior Counsel Sri

A.M.Shaffique that there was an attachment and pursuant to the

attachment, the vehicles were not put in use, admittedly, it was sold only

on 20/9/1999 at a time when the buses were continued to be in possession

of the petitioner. If, as a matter of fact, the buses were not put in use, it

would have been open for the petitioner to apply for tax exemption by

filing ‘G’ Form, which was also not done in this case. In the above

circumstances of the case, the petitioner cannot disclaim his liability to

pay tax during the period in question.

2. It was then contended by the learned counsel that based on

Ext.P3 agreement, primary society is liable for all outstanding tax dues on

the vehicles. Certainly there is a contract between the petitioner and the

third party to purchase the vehicles. That is not binding on the financier.

If the petitioner has ultimately become liable to pay this amount, he may

work out his remedy based on Ext.P7 against the purchaser; but no relief

can be granted to the petitioner as against the demand now raised by the

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O.P.No.23723/2000

Motor Vehicle Authorities.

In the circumstances, I find no merit in this petition. Original

petition is dismissed.

P.R.RAMAN,
Judge.

kcv.

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O.P.No.23723/2000

P.R.RAMAN, J.

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O.P.NO.23723 OF 1999

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JUDGMENT/O R D E R

22nd November, 2007

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