- Court
- High Court of Madras
- Decided
- 17 June 2026
- Bench
- K. Surender
- Case no.
- WP 19281/2026
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Judgment
ORDER This Writ Petition has been filed seeking a direction to the first respondent to advise the second respondent to accept the letter dated 10.02.2026 and to settle all share and thrift amounts payable to the petitioner by the second respondent - Society.
¶2Briefly, the case of the petitioner is that he is a member of the second respondent – Society. He had availed a loan from the Society and has already repaid the entire loan amount.
¶3However, the petitioner had stood as a guarantor for one Mr. D.Srinivasan, who was dismissed from service on 26.10.2007.
¶4Since the said Mr. D.Srinivasan failed to repay the loan amount due from him, the second respondent – Society has not accepted the letter of the petitioner dated 10.02.2026 seeking settlement of his share and thrift amounts. Page3 of 5
¶5It is not in dispute that the petitioner had stood as a guarantor for the loan obtained by the said Mr. D. Srinivasan.
¶6The only ground raised by the learned counsel for the petitioner is that the second respondent ought to have proceeded against the principal borrower, namely, Mr. D.Srinivasan, and that without taking action against him, the second respondent – Society cannot refuse to accept the petitioner's resignation from the membership of the society and settle the amounts due to him.
¶7Since the petitioner had stood as a guarantor for the said Mr. D.Srinivasan, it is always left open to the Society to proceed against both the principal borrower (offender) and the guarantor for recovery of the dues. Therefore, the main ground raised by the petitioner is that Society ought to proceed only against the principal borrower cannot be sustained.
¶8In view of the above, this Court finds no merits, and the Writ Petition is liable to be dismissed. Accordingly, the Writ Petition stands dismissed. No costs.
17-06-2026 klt Page4 of 5 To
¶1The Joint Registrar, Department of Co operative Societies, No.179, E.V.R. Periar Salai, Kilpauk, Chennai 600 010.
¶2The Special officer/President, Transport Corporation Employees, Cooperative Thrift and Credit Society Ltd., (X-367) No.488-489, Anna Salai, Sathguru Complex, 1st Floor, Nandanam, Chennai 600 035.
¶3The Managing Director, Metropolitan Transport Corporation (Chennai) Ltd, Pallavan Illam, No.1, Anna Salai, Chennai 600 002. Page5 of 5
K.SURENDER, J. klt 17-06-2026
Case details
Parties and counsel
Page1 of 5 IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 17-06-2026 CORAM THE HON'BLE MR.JUSTICE K. SURENDER K.Gopalan S/o. K. Kuppan, 82/4, Big Street, Ponniamman Maedu, Chennai 600110. ..Petitioner Vs 1. The Joint Registrar, Department of Co operative Societies, No.179, E.V.R. Periar Salai, Kilpauk, Chennai 600 010. 2. Special officer/President, Transport Corporation Employees Cooperative Thrift and Credit Society Ltd., (X-367) No.488-489, Anna Salai, Sathguru Complex, 1st Floor, Nandanam, Chennai 600 035. 3. The Managing Director, Metropolitan Transport Corporation (Chennai) Ltd, Pallavan Illam, No.1, Anna Salai, Chennai 600 002. ..Respondents Writ Petition filed under Article 226 of the Constitution of India, praying for issuance of Writ of Mandamus directing the 1st respondent to advise the 2nd respondent to accept the letter dated 10.02.2026 and to settle all share and thrift amount payable by the 2nd respondent to the petitioner. Page2 of 5 For Petitioner : Mr. S.T.Varadarajalu For Respondents : Mr. R.Chakkaravarthy, (for R1) Government Advocate Mr. R. Murugabharath (for R2) Mr. Gauthamaraj, Standing Counsel (for R3)
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