IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE THOTTATHIL B.RADHAKRISHNAN TUESDAY, THE 12TH AUGUST 2008 / 21ST SRAVANA 1930 WP(C).No. 24331 of 2008(V) -------------------------------------- PETITIONER: ------------------- CLEETUS, AGED 58 YEARS, S/O ELUVATHINGAL JOHN, ROSE GARDENS, PEINGAVU DESOM, P.O. THIRUVAMBADI, POONKUNNAM VILLAGE, THRISSUR TALUK. BY ADV. SRI.V.R.KESAVA KAIMAL, ADV. SRI.N.M.MADHU. RESPONDENTS: ----------------------- 1. CHALAKUDY URBAN CO-OPERATIVE BANK LTD. NO. R. 1087, HEAD OFFICE SOUTH CHALAKUDY, P.O. SOUTH CHALAKUDY, TRICHUR DISTRICT, KERALA STATE. 2. THE JOINT REGISTRAR, DEPARTMENT OF CO-OPERATIVE SOCIETIES, COLLECTORATE, AYYANTHOLE, THRISSUR -680 003. 3. THE REGISTRAR,KERALA STATE CO-OPERATIVE SOCIETIES, SECRETARIAT, THIRUVANANTHAPURAM. R2 & R3 BY SR. GOVT. PLEADER SMT. ANU SIVARAMAN. THIS WRIT PETITION (CIVIL) HAVING COME UP FOR ADMISSION ON 12/08/2008,THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: prv. THOTTATHIL B. RADHAKRISHNAN, J. = = = = = = = = = = = = = = = = = = = = = = = = W.P.(C).No.24331 Of 2008-V = = = = = = = = = = = = = = = = = = = = = = = = Dated this the 12th day of August, 2008. JUDGMENT The petitioner made certain deposits with the first respondent. He raises disputes regarding the rate of interest at which the first respondent is liable to pay on the amounts under deposit. This is a matter which the petitioner has to agitate in appropriate arbitration proceedings under Section 69 of the Kerala Co- operative Societies Act since the rate of interest and the contract between the parties would call for adjudication in accordance with law. It will also be open to the petitioner to request for interim relief in such proceedings for release of the principal amount unless there is dispute on that. Subject to the aforesaid, this writ petition is dismissed. THOTTATHIL B. RADHAKRISHNAN, JUDGE. Sha/120808