IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE KURIAN JOSEPH MONDAY, THE 1ST SEPTEMBER 2008 / 10TH BHADRA 1930 WP(C).No. 20691 of 2005(L) -------------------------- PETITIONERS: ------------------ 1. KOLAKUNNATH MUSTHAFA, S/O.SAIDALAVI, RAYIRIMANGALAM VILLAGE, TIRUR TALUK, MALAPPURAM DISTRICT. 2. KOLAKUNNATH SAIDALAVI, S/O.MOHAMMED, DO. DO. BY ADVS. SRI.P.K.SURESH KUMAR SRI.K.P.SUDHEER RESPONDENTS: ---------------------- 1. THE ASSISTANT REGISTRAR OF CO-OPERATIVE SOCIETIES, TIRUR, MALAPPURAM DISTRICT. 2. INSPECTOR OF ARBITRATION AND EXECUTION, OFFICE OF THE ASSISTANT REGISTRAR (GENERAL) OF CO-OPERATIVE SOCIETIES, TIRUR, MALAPPURAM DISTRICT. 3. TANUR SERVICE CO-OPERATIVE BANK, REPRESENTED BY ITS SECRETARY, TANUR, MALAPPURAM DISTRICT. BY ADV. SMT.P.A.ANITHA FOR R3 GOVT. PLEADER SRI.NOBLE MATHEW THIS WRIT PETITION (CIVIL) HAVING BEEN FINALLY HEARD ON 01/09/2008, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: W.P.(C) NO. 20691 OF 2005 APPENDIX PETITIONER'S EXHIBITS: EXHIBIT P1 : TRUE COPY OF NOTICE DATED 27.6.2005 ISSUED BY THE 2ND RESPONDENT. EXHIBIT P2 : TRUE COPY OF PETITION DATED 1.7.2005 SUBMITTED BY THE PETITIONERS BEFORE THE 3RD RESPONDENT. /TRUE COPY/ P.A. TO JUDGE. vkm KURIAN JOSEPH J. ---------------------------------------------- W.P.(C) No.20691 of 2005 ---------------------------------------------- Dated 1st September, 2008. J U D G M E N T The issue raised in the writ petition pertains to the recovery steps initiated by the respondent bank. In view of the intervening developments, in case the petitioners have still any grievance left, they may approach the Bank itself. It is made clear that in case the petitioners do not cooperate with the Bank in settling the matter, it will be open to the Bank to proceed with the recovery. It is further made clear that the benefit of settlement schemes, if any available presently or during the period when the writ petition was pending, will also be extended to the petitioners. The writ petition is disposed of as above. KURIAN JOSEPH, JUDGE. tgs KURIAN JOSEPH, J. ---------------------------------------------- W.P.(C) No.20691 of 2005 ---------------------------------------------- J U D G M E N T Dated 1st September, 2008.