IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE THOTTATHIL B.RADHAKRISHNAN FRIDAY, THE 4TH JANUARY 2008 / 14TH POUSHA 1929 WP(C).No. 26529 of 2005(G) -------------------------- PETITIONER: ------------------ 1. SHINE, S/O.SIVARAMADAS, KOTTEKKAT HOUSE, CHAZHOOR P.O., THRISSUR DISTRICT. 2. SIVARAMADAS, S/O.KOTTAKKAT RAMADAS, CHAZHOOR P.O., THRISSUR DISTRICT. 3. SUBRABHA, W/O.KOTTAKKAT SIVARAMADAS, CHAZHOOR P.O., THRISSUR DISTRICT. 4. SHASI, D/O.KOTTAKKATT SIVARAMADAS, CHAZHOOR P.O., THRISUR DISTRICT. BY ADV. SRI.C.E.UNNIKRISHNAN SRI.RAVISANKAR.K.S. RESPONDENTS: ---------------------- 1. THE KERALA CO-OP. TRIBUNAL, THIRUVANANTHAPURAM. 2. THE SPECIAL SALE OFFICER, THRISSUR URBA CO-OPERATIVE BANK GROUP OFFICE OF THE ASSISTAT REGISTRAR OF CO-OPERATIVE SOCIETIES(GENERAL), THRISSUR-1. 3. THE GENERAL MANAGER, THRISSUR URBAN CO-OPERATIVE BAK LTD. NO.87, THRISSUR-1. 4. JYOTHI, S/O.EZHUVAN PARAMBIL VIJAYAN, KURUMPILAVU, CHIRAKKAL, THRISSUR DISTRICT. 5. PREETHY, W/O.JOYTHI, KURUMPILAVU, CHIRAKKAL, THRISSUR DISTRICT. R1 & R2 BY G.P.SMT.ANU SIVARAMAN. R3 BY ADV. SRI.C.D.DILEEP SRI.C.D.PRADEEP SRI.C.D.PROMOD DHARMA SRI.C.J.RONY THIS WRIT PETITION (CIVIL) HAVING BEEN FINALLY HEARD ON 04/01/2008, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: Thottathil B. Radhakrishnan, J. ================================== W.P.(C)No.26529 of 2005 ================================== Dated this the 4th day of January, 2008. JUDGMENT A loan transaction for business purpose led to Ext.P1 order on revision petition under the Kerala Co-operative Societies Act. The Tribunal noticed that the only argument that was raised at the time of final hearing was confined to the question of interest. The Tribunal modified the award by slashing the future interest to be at the contract rate and had also granted relief by way of instalments. I do not find any legal infirmity or jurisdictional error in the impugned order or the execution proceedings that followed. 2. The petitioners also did not comply with the conditions imposed by this Court as per the interim order. WPC26529/2005 -:2:- In the result, this writ petition fails. The same is accordingly dismissed. No costs. Thottathil B.Radhakrishnan, Judge. sl.