The Naduvannur Regional Co-Operative … vs The Liquidator / Koyilandy Unit … on 3 April, 2025

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Since common issues are raised in these writ petitions, they

are heard and disposed of by this common judgment.

2. The above writ petition is filed seeking a direction to the 2 nd

respondent to finalise and complete the procedural formalities in the

matter of liquidation of the defunct Naduvannur Service Co-operative

Bank Ltd. No.LL 68 by implementing the direction contained in Ext.P7

judgment.

3. Petitioner is a co-operative society. A nearby society by

name Naduvannur Service Co-operative Bank Ltd. No.LL 68 become

defunct and the 2nd respondent ordered liquidation appointing the 1st

respondent as liquidator in order to complete the proceedings of

liquidation. The 1st respondent had proceeded with the liquidation

proceedings and the general body of the petitioner took a resolution

to the effect that the petitioner is prepared to take over the assets and
W.P.(C) Nos.12209 and 20591 of 2022

2025:KER:28428

liabilities of the defunct society and the said resolution was forwarded

to the liquidator. The liquidator convened a meeting of the general

body of the defunct society on 27.12.2011. No ‘A’ class members

attended the meeting and the liquidator exercising the power as per

law had taken a decision to handover the assets and liabilities by

acting upon the resolution of the general body of the petitioner

society. The liquidator after completing the proceedings submitted

Ext.P1 report before the Joint Registrar of Co-operative Societies.

Certain persons claiming to be members of the defunct society has

approached this Court filing W.P.(C) No.17295 of 2013 contending

that the liquidation proceedings need not be proceeded and that the

functioning of the society can be revived. The said writ petition was

disposed of directing the Joint Registrar to consider the matter.

Thereafter the Joint Registrar considered the applications and

rejected the same confirming the resolution of the liquidator as per

Ext.P2 order. Challenging the said order they again approached this

Court filing W.P.(C) No.31432 of 2013. The said writ petition was

dismissed by Ext.P3. Pursuant to the same as per Ext.P4

proceedings the Joint Registrar considered all the matters and

rejected all the contentions raised against the proceedings of the

liquidator and directed the Assistant Registrar, Koyilandy to complete
W.P.(C) Nos.12209 and 20591 of 2022

2025:KER:28428

all the proceedings. Later Ext.P5 resolution was passed by the

petitioner society requesting the Joint Registrar through the Assistant

Registrar to finalise the proceedings of liquidation and for transfer of

assets and liabilities to the petitioner. Ext.P6 request was also made

to the Joint Registrar. Alleging inaction, petitioner has filed W.P.(C)

No.10667 of 2019 with a prayer to finalise the proceedings for

transfer of assets to the petitioner society and this Court by Ext.P7

judgment directed to complete the proceedings within a period of six

months. While proceedings are going on, the 3 rd respondent Co-

operative Bank taking advantage of the changed political

circumstances filed a representation before the Government

requesting that the assets of the defunct society may be handed over

to them. The Government forwarded the said representation to the

Joint Registrar for further action and the Joint Registrar by Ext.P8

order rejected the request holding that all proceedings of liquidation

have been completed. Ext.P8 order was challenged by the 3 rd

respondent filing W.P.(C) No.26191 of 2019. This Court by Ext.P9

judgment directed the Government to consider the

representation/appeal as an appeal under Section 83(1)(f) of the

Kerala Co-operative Societies Act and to pass orders thereon.

Though the petitioner challenged Ext.P9 judgment in W.A.No.240 of
W.P.(C) Nos.12209 and 20591 of 2022

2025:KER:28428

2022, the same was not entertained. The grievance raised by the

petitioner is that the proceedings have not been finalised in spite of

the specific directions issued by this Court in Ext.P1 to finalise the

proceedings without any delay.

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