High Court of KeralaWP(C)/28097/2015disposed of

Kunjumon K.A. v. Bank Of India

2015-09-25Honourable Mr. Justice A.Muhamed Mustaque3 pages

IN THE HIGH COURT OF KERALA AT ERNAKULAM

PRESENT:

THE HONOURABLE MR. JUSTICE A.MUHAMED MUSTAQUE FRIDAY, THE 25TH DAY OF SEPTEMBER 2015/3RD ASWINA, 1937 WP(C).No. 28097 of 2015 (J) --------------------------------------- PETITIONER(S):

---------------------- KUNJUMON K.A., AGED 44 YEARS, S/O.HAJI K.M. ADIMAKUTTY, ASIYA MAHAL, KIZHAKKUMMURI PARMBU, SRM ROAD, ERNAKULAM NORTH P.O, KOCHI 682018.

BY ADVS.SRI.KRISHNADAS P. NAIR SMT.K.L.SREEKALA SRI.HARIDAS P.NAIR SRI.M.A.VINOD SRI.M.RAJESH KUMAR SMT.B.SABITHA (DESOM) SMT.K.JYOTHY RESPONDENT(S):

-------------------------

1. THE BRANCH MANAGER, BANK OF INDIA, EZHIKKARA BRANCH, EZHIKKARA PO, NORTH PARUR, ERNAKULAM DISTRICT, PIN 683513.

2. THE ZONAL MANAGER, KERALA ZONE, BANK OF INDIA, KALOOR TOWERS, KALOOR - KADAVANTHARA ROAD, KALOOR PO, KOCHI 682017. BY ADV. SRI.JAWAHAR JOSE, SC, BANK OF INDIA THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 25-09-2015, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING:

WP(C).No. 28097 of 2015 (J) ---------------------------------------- APPENDIX PETITIONER(S)' EXHIBITS ------------------------------------- P2:

TRUE COPY OF THE GOLD DETAILS CERTIFICATE DATED 30.03.2009 ISSUED BY THE 1ST RESPONDENT P2:

TRUE COPY OF THE REPRESENTATION SUBMITTED BY THE PETITIONER TO THE 1ST RESPONDENT DATED 12.01.2012 P3:

TRUE COPY OF THE REPLY OF THE 1ST RESPONDENT DATED 03.01.2012 P4:

TRUE COPY OF THE LETTER OBO(T) NO.8269/18199/2011-12 DATED 24.04.2012 P5:

TRUE COPY OF THE ORDER OF THE DISTRICT CONSUMER REDRESSAL FORUM, ERNAKULAM DATED 22.12.2014 P6:

TRUE COPY OF THE LETTER DATED 15.07.2015 RECEIVED FROM THE 1ST RESPONDENT P7:

TRUE COPY OF THE LETTER DATED 03.09.2015 RECEIVED FROM THE 1ST RESPONDENT P8:

TRUE COPY OF THE DEMAND PROMISSORY NOTE EXECUTED ON 30.03.2009 RESPONDENT(S)' EXHIBITS --------------------------------------- NIL.

/ TRUE COPY / P.S. TO JUDGE PJ

A.MUHAMED MUSTAQUE, J.

-------------------------------------------- W.P.(C).No.28097 of 2015 ---------------------------------------------------- Dated this the 25th day of September,2015

J U D G M E N T

------------------------- The petitioner has availed a gold loan from the respondent bank. The petitioner submits that he is prepared to pay the entire amount demanded by the respondent bank.

Heard the learned Counsel for the petitioner and the learned Counsel for the bank.

This Court is of the view that if the petitioner pays the entire amount the gold ornaments shall be released to the petitioner. However, it is open for the bank to waive penal interest if permissible. The petitioner shall remit the amount within a period of one month from today. The writ petition is disposed of as above.

Sd/ A.MUHAMED MUSTAQUE, JUDGE jm/