O.P(DRT).343/22 1
IN THE HIGH COURT OF KERALA AT ERNAKULAM
PRESENT
THE HONOURABLE MR. JUSTICE GOPINATH P.
THURSDAY, THE 25TH DAY OF AUGUST 2022 / 3RD BHADRA, 1944
OP (DRT) NO. 343 OF 2022
AGAINST THE ORDER/JUDGMENTSA 200/2022 OF DEBT RECOVERY TRIBUNAL,
ERNAKULAM
PETITIONER/S:
1 RAMDAS P.R.
AGED 50 YEARS
S/O RAMAN NAIR, DOOR NO. 30/166/5, VANIYAN LANE,
CHAKKAMUKKU, THRISSUR, PIN-680 002., PIN - 680002
2 SAKTHI MARKETING
DOOR NO.29 736 1A, SHORNUR ROAD, PATTURAIKKAL,
THIRUVAMBADI P.O., PIN-680022, REPRESENTED BY ITS
MANAGING PARTNER, (RAMDAS P.R., S/O RAMAN NAIR, DOOR
NO.30/166/5, VANIYAN LANE, CHAKKAMUKKU, THRISSUR, PIN-
680 002)., PIN - 680022
3 ANITHA ACHUTHAN
AGED 40 YEARS
W/O RAMDAS P.R, DOOR NO.30/166/5, VANIYAN LANE,
CHAKKAMUKKU, THRISSUR, PIN-680 002., PIN - 680002
4 SAKTHI HARDWARES
PANNITHADAM, CHIRAMANGAD, P.O., MARATHANCODE, THRISSUR,
PIN-680604, REPRESENTED BY ITS PROPRIETOR, (RAMDAS
P.R., S/O RAMAN NAIR, DOOR NO.30/166/5, VANIYAN LANE,
CHAKKAMUKKU, THRISSUR, PIN-680 002)., PIN - 680604
5 MAHA MARKETING
PANNITHADAM, CHIRAMANGAD, P.O., MARATHANCODE, THRISSUR,
PIN-680 604, REPRESENTED BY ITS PROPRIETRESS, (ANITHA
ACHUTHAN, W/O RAMDAS P.R, DOOR NO.30/166/5, VANIYAN
LANE, CHAKKAMUKKU, THRISSUR, PIN-680 002)., PIN -
680604
BY ADVS.
V.N.SANKARJEE
V.N.MADHUSUDANAN
R.UDAYA JYOTHI
M.M.VINOD
M.SUSEELA
KEERTHI B. CHANDRAN
VIJAYAN PILLAI P.K.
NITHEESH.M
SUKANYA S.
O.P(DRT).343/22 2
RESPONDENT/S:
1 THE AUTHORISED OFFICER, BAJAJ FINANCE LTD.
1ST FLOOR, AURAM COMPLEX, PATTURAIKKAL, THRISSUR
DISTRICT, PIN-680 020. , PIN - 680020
2 BAJAJ FINSERV
BAJAJ FINANCE LTD., 1ST FLOOR, A R TOWER, SHORNUR ROAD,
NEAR THIRUVAMBADI TEMPLE, THRISSUR DISTRICT, PIN-680
022, REPRESENTED BY ITS BRANCH MANAGER., PIN - 680022
OTHER PRESENT:
0
ADV. PRADEESH CHACKO (SC)
THIS OP (DEBT RECOVERY TRIBUNAL) HAVING COME UP FOR ADMISSION
ON 25.08.2022, THE COURT ON THE SAME DAY DELIVERED THE FOLLOWING:
O.P(DRT).343/22 3
JUDGMENT
Taking into consideration the fact that the securitisation application filed by the petitioners (along with interlocutory application for stay) is pending consideration before the Debts Recovery Tribunal, it will not be proper to adjudicate the issues raised by the petitioners in the present original petition.
This original petition will stand disposed of directing that further coercive steps against the petitioners shall be kept in abeyance for a period of two weeks to enable the petitioners to seek appropriate reliefs from the Debts Recovery Tribunal.
The original petition is disposed of as above.
SD/-
GOPINATH P.
JUDGE okb/ //True copy// P.S. to Judge O.P(DRT).343/22 4 APPENDIX OF OP (DRT) 343/2022 PETITIONER EXHIBITS Exhibit P-1 TRUE COPY OF S.A. NO. 200/2022 DATED 19.4.2022 WITH ANNEXURES ON THE FILE OF THE DEBTS RECOVERY TRIBUNAL-II, ERNAKULAM Exhibit P-2 TRUE COPY OF THE APPLICATION DATED 19.4.2022 IN I.A. NO. 836/2022 Exhibit P-3 TRUE COPY OF THE NOTICE DATED 20.7.2022 TOGETHER WITH ENVELOPE AND RECEIPT DATED 21.7.2022 AND SERVED ON THE PETITIONERS ON 22.7.2022 Exhibit P-4 TRUE COPY OF THE PETITION DATED 6.8.2022, I.A. NO. 1945/2022 Exhibit P-5 TRUE COPY OF THE PETITION DATED 6.8.2022, I.A. NO. 1946/2022 Exhibit P-6 TRUE COPY OF THE PETITION DATED 6.8.2022, I.A. NO. 1944/2022