High Court Kerala High Court

Yohannan vs Karunagappally Co-Operative … on 19 September, 2006

Kerala High Court
Yohannan vs Karunagappally Co-Operative … on 19 September, 2006
       

  

  

 
 
  IN THE HIGH COURT OF KERALA AT ERNAKULAM

WP(C) No. 547 of 2006(M)


1. YOHANNAN, S/O. FRANCIS,
                      ...  Petitioner

                        Vs



1. KARUNAGAPPALLY CO-OPERATIVE AGRICULTURAL
                       ...       Respondent

2. SPECIAL SALE OFFICER,

3. K.G. JOSEPH,

4. K.J. JOY,

5. SMT. LATHA, W/O. K.J. JOY,

                For Petitioner  :SRI.G.BHAGAVAT SINGH

                For Respondent  :SRI P.G.PARAMESWARA PANICKER

The Hon'ble MR. Justice K.THANKAPPAN

 Dated :19/09/2006

 O R D E R
                            K.THANKAPPAN, J.
                         ------------------------------------
                          W.P.(C)NO. 547 OF 2006
                         ------------------------------------


                  Dated this the 19th day of September, 2006


                                  JUDGMENT

The petitioner along with respondents 3 to 5 availed of a loan of

Rs.8,00,000/- from the first respondent – Bank. Since the loan amount was

not repaid as agreed, steps were taken against the petitioner and the others.

The petitioner now submits that the agreement signed by him was for a

loan of Rs.3,00,000/- and that the first respondent – Bank and respondents

3 to 5 committed fraud by showing the loan amount as Rs.8,00,000/-.

The petitioner, therefore, seeks to quash Ext.P5 proclamation notice issued

by the second respondent.

2. A counter affidavit has been filed for and on behalf of the first

respondent. Exts.R1(a) to R1(i) produced along with the counter affidavit

would show that the petitioner had applied for a loan of Rs.10,00,000/-,

but the Bank sanctioned only Rs.8,00,000/-. In the above circumstances,

the first respondent can proceed against the petitioner and the others as per

WP.(C)NO.547/2006. 2

law. If the petitioner has a case that the first respondent – Bank committed

fraud, it is left to the petitioner to proceed against the Bank as per law.

The Writ Petition is accordingly dismissed.

(K.THANKAPPAN, JUDGE)

sp/