IN THE HIGH COURT OF KERALA AT ERNAKULAM PRESENT : THE HONOURABLE MR. JUSTICE THOTTATHIL B.RADHAKRISHNAN MONDAY, THE 5TH MARCH 2007 / 14TH PHALGUNA 1928 WP(C).No. 4508 of 2007(J) ------------------------- PETITIONER: ------------ P.M.MOHAMMADALI, S/O.AHAMMAD KUTTY, CHERAMBATH HOUSE, PERINCHERY MATTIL, P.O.THENHIPPALAM, MALAPPURAM DISTRICT. BY ADV. SRIC.M.MOHAMMED IQUABAL RESPONDENTS: ------------- 1. THE MANAGER, MALAPPURAM DISTRICT CO-OPERATIVE BANK LTD., IDIMUZHIKKAL BRANCH, P.O.IDIMUZHIKKAL, MALAPPURAM DISTRICT. 2. THE GENERAL MANAGER, MALAPPURAM DISTRICT CO-OPERATIVE BANK LTD., P.O.MALAPPURAM. BY ADV. SRI.U.K.RAMAKRISHNAN SRI.P.V.LOHITHAKSHAN SMT.P.VIJAYAMMA SRI.V.KRISHNA MENON THIS WRIT PETITION (CIVIL) HAVING BEEN FINALLY HEARD ON 05/03/2007, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING: THOTTATHIL B.RADHAKRISHNAN.J ------------------------------------------ W.P(C) No. 4508 of 2007 ----------------------------------------- Dated this the 5th day of March 2007 JUDGMENT Having heard the learned counsel for the petitioner and the learned counsel for the first respondent, I do not find any jurisdictional error or legal infirmity in the impugned proceedings . The proceedings have been appropriately initiated and there is no dispute that the amounts are outstanding to the bank. At this juncture the learned counsel for the petitioner submitted that the entire outstandings will be liquidated during the current financial year. Accordingly, this writ petition is disposed of directing that the petitioner will give a last opportunity to wipe off the entire outstandings before the 28th of March 2007 and on a failure to do so, the respondents can finalise the impugned proceedings. THOTTATHIL B.RADHAKRISHNAN.JUDGE es -2-