Sayeed K v. The Kannur District Co-Operative Bank Ltd
IN THE HIGH COURT OF KERALA AT ERNAKULAM
PRESENT:
THE HONOURABLE MR. JUSTICE A.K.JAYASANKARAN NAMBIAR THURSDAY, THE 12TH DAY OF MARCH 2015/21ST PHALGUNA, 1936 RP.No. 270 of 2015 (E) ----------------------------------- (AGAINST THE JUDGMENT IN WP(C).NO. 6642/2015 DATED 03-03-2015) --------------- REVIEW PETITIONER/PETITIONER:- ----------------------------------------------------- SAYEED K., S/O.IMBICHIKOYA THANGAL,AGED 49 YEARS, SHAHEED MANZIL,NEAR PAZHACHI VILLAGE OFFICE, P.O.URUVACHAL, KANNUR DISTRICT.
BY ADV. SRI.CIBI THOMAS RESPONDENT(S)/RESPONDENTS:- --------------------------------------------------------
1. THE KANNUR DISTRICT CO-OPERATIVE BANK LTD., EVENING BRANCH, MATTANNUR, REPRESENTED BY ITS BRANCH MANAGER, KANNUR DISTRICT.
2. THE AUTHORIZED OFFICER, THE KANNUR DISTRICT CO-OPERATIVE BANK LTD., P.B.NO.35, KANNUR - 670 001.
R1 & R2 BY SMT.MEENA JOHN, SC, KANNUR DIST. CO.OP.BANK THIS REVIEW PETITION HAVING COME UP FOR ADMISSION ON 12-03-2015, THE COURT ON THE SAME DAY PASSED THE FOLLOWING:
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A.K.JAYASANKARAN NAMBIAR, J.
............................................................. Review Petition.No.270 of 2015 in W.P.(C).No.6642 of 2015 ............................................................. Dated this the 12th day of March, 2015
O R D E R
The petitioner in the review petition seeks a modification of the conditions imposed in the judgment dated 03.03.2015, to the extent of permitting him to get back the possession of the secured assets, without having to wait for the period of six months within which time he was to regularise the overdue amounts, in instalments.
2. I have heard the learned counsel for the petitioner and also the learned Standing counsel for the respondents.
3. On a consideration of the facts and circumstances of the case and submissions made across the bar, I find no grounds made out in the petition as would warrant a review of the directions already given in the judgment dated 03.03.2015. I only make it clear that, on the petitioner paying the overdue amount in 6 instalments, as directed in the judgment, or in lump sum prior to the expiry of the period of six months, the respondent bank will handover possession of the secured asset to the petitioner. The review petition is disposed accordingly.
A.K.JAYASANKARAN NAMBIAR JUDGE mns
Review Petition.No.270 of 2015 xxx