IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE M.N.KRISHNAN WEDNESDAY, THE 6TH FEBRUARY 2008 / 17TH MAGHA 1929 WP(C).No. 4372 of 2008(U) ---------------------------------------- PETITIONER: ------------------- AYANCHERI SERVICE CO-OPERATIVE BANK LTD.1224, AYANCHERI (P.O), KOZHIKODE DISTRICT REPRESENTED BY ITS HONORARY SECRETARY. BY ADV. SRI.P.N.MOHANAN RESPONDENTS: ------------------------- 1. JANAKI AMMA, D/O. CHATHUKUTTY NAMBIAR, KALLAT HOUSE, KADAMERI (P.O), VATAKARA, KOZHIKODE. 2. ASSISTANT REGISTRAR OF CO-OPERATIVE SOCIETIES (G), VATAKARA, KOZHIKODE. BY GOVERNMENT PLEADER SMT.R. BINDU THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 06/02/2008,THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: M.N. KRISHNAN, J. = = = = = = = = = = = = = = W.P.C. NO. 4372 OF 2008 = = = = = = = = = = = = = = = Dated this the 6th day of February, 2008. J U D G M E N T This writ petition is filed by a Service Co-operative Bank to direct the Munsiff, Nadapuram to refrain from selling the land and building of the petitioner, Bank described in Ext.P5 schedule. It is averred that the balance decree amount comes to only about Rs.10,000/- and the property worth Rs.8,10,000/- is also to be sold at the instance of a real estate lobby. It is submitted that the Bank is at the stage of revival and if the property is sold the whole attempt will result in destruction of the entire fabric of the Bank and prays for indulgence. There is some force in the said contention. The Bank is also prepared to pay the amount. Therefore I direct the Munsiff, Nadapuram to defer the sale for a period of three months and direct the Bank to pay the decree amount due within the said period. The writ petition is disposed of accordingly. M.N. KRISHNAN, JUDGE. ul/-