Jyothish Kumar.R. Vs Canara Bank Ltd

High Court Of Kerala 12 Aug 2024 Writ Petition (C) No. 20805 Of 2024 (2024) 08 KL CK 0079
Bench: Single Bench
Result Published

Judgement Snapshot

Case Number

Writ Petition (C) No. 20805 Of 2024

Hon'ble Bench

Dinesh Kumar Singh, J

Advocates

K.Rajesh Kannan, M. Gopikrishnan Nambiar

Final Decision

Disposed Of

Judgement Text

Translate:

Dinesh Kumar Singh, J

1. The present Writ Petition has been filed with following prayers:

“(i) That a writ of mandamus or other writ, order or direction be passed directing the respondent bank to regularize the loan accounts of the petitioner and to

allow the petitioner to remit the overdue amount in 15 equal monthly installments;

(ii) Considering the exigencies and necessity for urgent consideration of the grievance voiced in this Writ Petition, production of English translations of

documents in vernacular, may kindly be dispensed with for the time being

(iii) Grant such other and further reliefs, as that are appropriate and incidental to this Writ Petition.â€​

2. In compliance with the interim order dated 10.07.2024, the petitioner has paid Rs.3 lakhs. The learned counsel for the petitioner submits that the

petitioner has approached the Bank for rescheduling the payment of the loan amount taken by the petitioner from the Bank.

3. The learned counsel for the respondent Bank, however, submits that the Bank has not received any such proposal. However, they submits that if

the petitioner has moved with such a proposal, the Bank shall consider the proposal in right earnest.

Considering the said stand of the Bank, the present writ petition is disposed of directing the petitioner to appear before the respondent Bank on

14.08.2024 with request to reschedule the payment terms of the remaining outstanding liability of the petitioner towards the Bank in respect of the

housing loan takne by the petitioner and the Bank should consider the said proposal in right earnest.

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